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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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Mortgage Calculator with PMI and Taxes

Savings Corner

The mortgage payment calculator can give you a reality check on how much you can expect to pay each month, especially when considering all the costs, including taxes, insurance and private mortgage insurance. With minimum down payments commonly as low as 3%, it’s easier than ever to put just a little money down.

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How To Get A Personal Loan In 8 Steps

Savings Corner

The steps may vary depending on whether you’re looking for debt consolidation loans , home improvement loans, medical loans or wedding loans. Personal loan qualification requirements Your credit score , income and debt are usually evaluated by personal loan lenders to see if you qualify.

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Meet a Reader | JenRR from the Midwest

The Frugal Girl

While we were still renting an apartment, I researched areas with lower property taxes, scouted out my ideal neighborhoods, and waited for a smaller, less expensive house to come on the market. The prices were not low enough to justify the time and patience required. Childhood joy. helping out 7.

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Mortgage Refinancing: What Is It And How Does It Work?

Savings Corner

This increases your mortgage debt but gives you money that you can invest or use to fund a goal, like a home improvement project. No-closing-cost refinance Caret Down A no-closing-cost refinance is a type of low-cost refinance that allows you to refinance without paying closing costs upfront.

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Meet a Reader | Mary from Reflections Around the Campfire

The Frugal Girl

manicures pedicures expensive or trendy clothes and shoes brand-name foods gym memberships a large-screen TV, streaming services, movies the latest phones and tech gadgets fine wines alcohol cigarettes credit card debt The list goes on. Alan and I, by choice, bought land in an area with low property taxes.

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Buying A House In 2023: A Step-By-Step Guide

Savings Corner

Get started: Shop around with at least three lenders or a mortgage broker to increase your chances of getting a low interest rate. These things can hurt your credit score or impact your debt-to-income ratio, which can imperil your final loan approval. Keep your finances and credit in good shape from preapproval until closing day.