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Why You Should Be Skeptical of Financial “Rules of Thumb”

Prairie Eco-Thrifter

Markets and economic conditions change as well. Economic conditions might lead to greater inflation than expected. If you are buying a home, start with the 30% rule, and then evaluate where that puts you in terms of finances. And what happens when you add in property taxes, utility, home insurance, and maintenance?

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Cost of Living Calculator | City and Salary Comparison Tool

Savings Corner

Core cost of living data is from The Cost of Living Index – COLI from the Council for Community and Economic Research, or C2ER. Home prices, property taxes and monthly rents vary from state to state, city to city, town to town and even neighborhood to neighborhood. Where does the data come from?

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The Best And Worst States To Retire In 2023, Ranked

Savings Corner

If you own a paid-off home in a high-cost area like Boston or Los Angeles, maybe affordability isn’t your priority. according to the Council for Community and Economic Research , which is an advantage for retirees on a fixed income. Iowa lands near the middle of the pack tax-wise. 23 for property taxes and No.

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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

The PA governor has shut down all non-essential businesses indefinitely and we’ve now been ordered to stay at home unless traveling to essential jobs, needed supplies, or outdoor exercise as long as we practice social distancing. A layoff or a drop of business happened in the past, but a global economic shut down from a deadly virus?

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

Savings Corner

But now, as we approach the end of 2023, inflation is much lower but home prices and mortgage rates are both sky-high. Whatever the economic state of the real estate market, buying a house can be an exciting and emotional process. Make a list of what’s important to you in a home. Is location the top priority?