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How to Calculate Home Equity

Savings Corner

You can use your equity to renovate some rooms, pay off credit cards, cover college tuition, start your own business … or almost anything else. Here’s how to calculate the equity in your home. Lenders consider it when approving you for a mortgage or other home-based financing. Here’s how. Using our example above, that’s 0.8

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Family Budget Spreadsheets 2021

Family Balance Sheet

If your fresh start for the New Year includes improving your finances, you are not alone! This package is designed to help you organize your finances, create a budget, plan for major purchases, understand your cash flow, and track your net worth. I created it as a way to communicate our finances to my husband.

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Introducing: Family Budget Spreadsheets

Family Balance Sheet

I’ve been working behind the scenes on a tool that I personally use to track and organize our finances: Family Budget Spreadsheets. This package of 9 Microsoft Excel spreadsheets is designed to help you organize your finances, plan for major purchases, create a budget, understand your cash flow, and track your net worth.

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Cash-Out Refinancing: How It Works, When To Do It

Savings Corner

Cash-out refinances are generally best for big-ticket costs: Think home renovations or major debt consolidation. Don’t take out more cash than you need, and make sure you’re using it for a purpose that will improve your finances instead of worsening your situation. Is a cash-out refinance right for you? There are no limitations.

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What Is A Personal Loan?

Savings Corner

Key takeaways A personal loan is money you can borrow to finance large purchases, consolidate debt, invest in yourself or cover emergency expenses. Common reasons include paying off debt, financing a large purchase such as a vehicle or a boat, or covering the cost of a major expense like a wedding or a home renovation.

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How To Get A Personal Loan In 8 Steps

Savings Corner

Whether you need money to pay for an unexpected hospital bill, an emergency car repair or to finance some much-needed home renovations , knowing how to get a personal loan will help make the application process as smooth as possible. Once you’ve zeroed in on your loan amount, run some numbers using a personal loan calculator.

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How to Start a Budget (and be successful at it!)

Family Balance Sheet

A budget could help you avoid late and insufficient funds fees, find money for an upcoming trip or expense, and ease a disagreement over finances in a marriage. calculator. Calculate the simple math equation: Income – Expenses = X. Another way to think of a budget is a spending plan. lined paper. Create a budget calendar.

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