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Meet a Reader | Mary from Reflections Around the Campfire

The Frugal Girl

My mom cut coupons and sewed her own clothes and mine, as well. We paid an excavator (to dig the hole for the foundation), a well driller and a cabinet maker (for our kitchen and bathroom cabinets). He says we were busy building the house and our careers and it was money well spent because it freed up our time. (We

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Current Mortgage Rates: Compare today’s rates | NerdWallet

Savings Corner

Each payment includes a combination of principal and interest, as well as property taxes, and, if needed, mortgage insurance. Mortgages for primary residences — a place you’re actually going to live — generally get lower interest rates than home loans for vacation properties, second homes or investment properties.

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How to Save on Rental Cars

Prairie Eco-Thrifter

We will probably be renting a car for our vacation this year. The sales tax, plus the ongoing higher property tax and insurance are really turning him off – and the van does fine if we drive it locally or just for a few hours to the lake. Reserve well ahead of your need. It needs to be comfortable and roomy.

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Selling Your Investment Property?

Prairie Eco-Thrifter

Common commission percents of your property’s sales price can range from 3 – 7% – which add up fast. If, for example, you were to sell your vacation rental condo for $200,000 and contracted with your agent to pay her 5%, you would owe her $10,000 – reducing your proceeds to $190,000. Home inspection.

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Should YOU Buy a Boat?

Prairie Eco-Thrifter

When vacationing, I always try to include some kind of boat tour. A few years ago, when selecting a vacation home to buy, one of my criteria was that it had to be at a lake or on a beach. Fishing equipment, tow ropes, skis or tubes, as well as special equipment for the boat (coolers, ladders, anchors, etc). Boating is fun.

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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

This is not an elective, fun, no-spend month like what we did in January to find funds for our summer vacation. I’ve shared before that April is the most expensive month of the year for us because our homeowners/auto insurance and property taxes are all due, along with any federal or state taxes that we might owe.

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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

Our small business was going well, so we said so long to renting office space and purchased a commercial property in the summer of 2012. Also to top it off, I had a huge property tax due that month for our office building that was going to be difficult to pay for in light of the circumstances. Yep, life was good.

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