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7 Ways to Spring Clean Your Finances

Family Balance Sheet

For many, it’s a time to clean the house and the closets, wash the windows of their winter grime, and air out our homes. I’m going to be spending the next few weeks giving my family’s finances a good spring cleaning. 7 Ways to Spring Clean Your Finances. home heating service. Review your Yearly Goals.

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Our Family Finances Update: January 2021

Family Balance Sheet

January 2021 was a month of extremes in my family’s finances. We’re converting our basement to a family room area and the original family room (in the pic above) is becoming a home office. I put down half the money and financed the other half. That’s our January finances in a nutshell, how was our month?

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31 Days to Organize Your Finances

Family Balance Sheet

Do you feel completely overwhelmed by your finances? Over the years I’ve met a lot of people through my blog and elsewhere who are struggling with their finances. Over the years I’ve met a lot of people through my blog and elsewhere who are struggling with their finances. Are you ready to organize your finances?

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How to Calculate Home Equity

Savings Corner

Home equity can be a valuable resource for homeowners. This figure, along with your loan-to-value (LTV) ratio, determines the likelihood of being approved for a home equity loan or home equity line of credit (HELOC), and how much money you could be eligible for. Here’s how to calculate the equity in your home. Here’s how.

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HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

Key takeaways Home equity loans and HELOCs are both financing tools that allow you to borrow against your ownership stake in your home. Both act as second mortgages, using your home as collateral, and may offer tax deductions if the funds are used for substantial repairs or upgrades. Home equity loan: What is it?

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What Is A Home Equity Loan?

Savings Corner

Key takeaways A home equity loan allows you to borrow a lump sum against your home’s equity, usually at a fixed interest rate that’s lower than other forms of consumer debt. Home equity loans drawbacks include putting your home at risk of foreclosure and their lengthy application process.

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Create a Family Balance Sheet | 31 Days to Organize Your Finances

Family Balance Sheet

Welcome to 31 Days to Organize Your Finances. We’ll talk about cash flow, budgets, debts, and all of the nitty gritty of our finances that might not be fun to talk about, but are so important to discuss. I developed this worksheet years ago when I needed a way to talk to my husband about our finances. Column F = Loan balance.

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