Remove Debt Remove Insurance Remove Property Taxes Remove Renovation
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Cash-Out Refinancing: How It Works, When To Do It

Savings Corner

You can use this money for any purpose, including home remodeling , consolidating higher-interest debt , college tuition and other financial needs. Cash-out refinances are generally best for big-ticket costs: Think home renovations or major debt consolidation. The difference between the two is given to you in a lump-sum payment.

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Family Budget Spreadsheets 2021

Family Balance Sheet

Years ago, there was a month where I hadn’t planned on a large property tax bill and I wasn’t sure where we were going to find the money. Personal Escrow – Use this spreadsheet to plan for your high yearly expenses, such as property taxes, association fees, insurance, etc.

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How We Paid off Six Figures of Debt

Family Balance Sheet

It was so big that I cried for two days straight– we paid off six figures in non-mortgage debts. How we got to six figures of non-mortgage debt: In the summer of 2012, we found an opportunity to purchase an office building for our small business. After the first year, the new business debt weighed on me.

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

Family Balance Sheet

I came up with strategies to help us pay for yearly bills, large expenses, and we were able to pay off debts. Necessary expenses could be: – Home: Mortgage/rent, utilities, insurance, taxes, necessary repairs. – Transportation: loan payments, fuel, insurance, service/repairs, necessary parking/tolls.

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