Remove Buy Remove Finance Remove Renovation Remove Rent
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Friday Links – Long Weekend Edition

Prairie Eco-Thrifter

Don’t miss Melissa’s post at My Personal Finance Journey if you Think You’re Sacrificing to Pay Down Debt? If you’re looking to ramp up your investing efforts but aren’t sure how to due to inexperience, John from All Things Finance has a great post on Investing for Beginners: Newbie Mistakes to Watch Out For.

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A Goal Without a Plan is Just a Wish

Family Balance Sheet

After renting an office for 12 years, we had nothing to show for it and the space was starting to feel a bit cramped. Our business was doing well and it seemed like the right time for us to buy. The building offered so much potential, but needed a lot of work and we set out to renovate our dream office.

Goals 100
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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

For many households, their finances and budgets are in limbo. My family’s finances have also been affected. As the Family Office Manager , I handle the day-to-day finances for our family and I needed a way to communicate our finances to my husband. Everything changed. I still use my spreadsheet to this day!

Debt 130
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How to Make Good Financial Decisions

Prairie Eco-Thrifter

If you decide that you should diversify your finances, you will need to figure out how (perhaps by choosing an asset allocation model), and then do transactions to make it happen. Lets say you are deciding whether to buy a new home now while mortgages are low and the housing market depressed. Buying a foreclosure? Get educated.

Making 240
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How We Paid off Six Figures of Debt

Family Balance Sheet

We had been renting for over 10 years and we were ready to find a property to move our business to and eventually build our net worth. Also, the monthly mortgage payment was less than our rent payment. Aside from the mortgage, we also added equipment and renovation loans with the purchase, and we had a student loan.

Debt 130