Remove Buy Remove Property Taxes Remove Rent Remove Savings Account
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5 Books with Insights that Changed the Way I Think About Money

Prairie Eco-Thrifter

Buy a house, since it’s an investment. Save money in a bank account (or perhaps a company retirement plan). 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.

Money 237
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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. We crunched the numbers, spoke with our accountant, and after much deliberation and negotiation, we bought the building that summer.

Goals 100
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Meet a Reader | Mary from Reflections Around the Campfire

The Frugal Girl

When they got married, they bought a duplex so that the rent money from the tenant in the upstairs apartment would pay the mortgage. Now I wish those dollars had gone into our savings accounts. Alan and I, by choice, bought land in an area with low property taxes. Alan doesn’t share that regret. Guess what!