Prairie Eco-Thrifter

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Four Reasons to Have a Gravel Driveway

Prairie Eco-Thrifter

Gravel Doesn’t Cause The County to Raise Our Property Taxes. If we re-installed a paved surface driveway, the county assessor would no doubt cruise by and decide to raise our property taxes – at least according to my spouse! There Are Drawbacks To Gravel On A Driveway.

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5 Books with Insights that Changed the Way I Think About Money

Prairie Eco-Thrifter

We have to pay for maintenance and property taxes and the interest on the loan. These costs are are only partially offset by the fact that, in the United States, I get a tax deduction for some of them. This book encouraged me to stop thinking of my primary residence as an investment. And, of course, it hasn’t been.

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Benefit from My Financial Mistakes

Prairie Eco-Thrifter

By purchasing used vehicles you save on the initial car price, the sales tax you pay upon purchase as well as the property tax you pay each year and the amount you need to insure it. I saved to send kids to college first, before retirement.

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Selling Your Investment Property?

Prairie Eco-Thrifter

They might include things such as fees charged for obtaining a mortgage; cost of home inspections; homeowner’s insurance; title insurance and settlement fees; property taxes or transfer taxes. Deductible closing costs include points or prepaid interest on your mortgage and your share of the prorated property taxes.

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Why You Should Be Skeptical of Financial “Rules of Thumb”

Prairie Eco-Thrifter

And what happens when you add in property taxes, utility, home insurance, and maintenance? If you are buying a home, start with the 30% rule, and then evaluate where that puts you in terms of finances. If you bring home $4,500 each month, are you truly comfortable with putting $1,350 of it toward a mortgage payment?

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How Much Money Can You Live Off Of?

Prairie Eco-Thrifter

Any housing related insurance fees and property taxes are also important to include. This would include your monthly mortgage payment or rent payment. You would need to add in the cost of all necessary utilities like gas, electricity, telephone and water. Leave out cable television and satellite television.

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How to Save Money on Your Home’s Mortgage

Prairie Eco-Thrifter

Get a property tax assessment. Your tax bill could be incorrect. Your state or province may be overbilling you for the cost of your personal property. You can either contact the federal government or your mortgage lender and apply for mortgage assistance.