Family Balance Sheet

JUNE 22, 2020

This side hustle income was mainly used for the fun stuff, such as camping, home renovations & repairs, and needs for our kids. We have thought about moving to a larger home with more space, but a smaller home means lower utility bills, homeowners’ insurance premiums, maintenance, and property taxes. Groceries.

Debt 130

Debt Health Insurance Insurance Budgeting 130

Savings Corner

DECEMBER 25, 2023

An important metric that your mortgage lender uses to calculate the amount of money you can borrow is the DTI ratio — comparing your total monthly debts (for example, your mortgage payments, including insurance and property tax payments) to your monthly pre-tax income. How much house can I afford with a VA loan?

Calculators 52

Calculators Debt Insurance Taxes 52

Family Balance Sheet

MAY 6, 2020

For many households, their finances and budgets are in limbo. Life, as we knew it came to a halt for so many of us in mid-March, and life going forward will forever be known as pre-pandemic or post-pandemic. What got us through financially? I still use my spreadsheet to this day! Our emergency fund. Storm #2: 2013.

Debt 130

Debt Emergency Fund 2007 2020 130

Prairie Eco-Thrifter

JULY 6, 2014

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. Budget, for example, has the following options that can be added: GPS ($5.49 Use your discounts. Kid seats ($13.00 Rent on a weekend.

Rental Car 167

Rental Car Cars Car Rent 167

The Frugal Girl

MARCH 4, 2024

Box are some of my favorite authors) and I use the library to borrow both regular books and electronic resources. I track expenses, monitor our budget and handle all of our investments. Alan and I, by choice, bought land in an area with low property taxes. Yup, I’m a voracious reader. The same is true for Maine.

Green And Frugal 178

Green And Frugal Kids and Family Hotel Frugal 178

Prairie Eco-Thrifter

MARCH 16, 2011

The biggest expense in most people’s budget is their mortgage payment. This extra money can be used to fund your retirement account or pay down some bills. Regardless of what purpose you decide to use this money for, it is always a good idea to get a lower mortgage payment whenever possible. Get a property tax assessment.

Saving Money 124

Saving Money Money Insurance Property Taxes 124

Savings Corner

APRIL 4, 2024

Cash-out refinance Caret Down When you do a cash-out refinance , you use your home equity to withdraw cash to spend. This increases your mortgage debt but gives you money that you can invest or use to fund a goal, like a home improvement project. You can use these funds as retirement income, to pay medical bills or for any other goal.

Refinancing 52

Refinancing Work Debt Financial Goals 52

Savings Corner

APRIL 4, 2024

Once you’ve zeroed in on your loan amount, run some numbers using a personal loan calculator. You should also check their rates and use them with a personal loan calculator to get the most accurate idea of what your monthly payment will be. Most lenders have websites with secure portals you can use to upload requested documents.

Debt 52

Debt Credit Cards Credit Home Improvement 52

Savings Corner

DECEMBER 24, 2023

Check your credit score Your credit score will help you determine your financing options; lenders use it (among other factors) to set the terms and rates of your loan. Create a housing budget The purchase price and down payment aren’t the whole picture. Would renting for another year or two improve your financial standing?

Real Estate 52

Real Estate Buy Buying Credit 52

Savings Corner

DECEMBER 25, 2023

Down payment costs are just the beginning — you’ll also have to account for closing costs and ongoing homeowner expenses, like property taxes and insurance, and you’ll want to budget for maintenance costs. And the impact on your budget may seem to be a stretch, particularly in the beginning. Your loan-to-value ratio.

Calculators 52

Calculators Illinois Credit Debt 52