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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Hello and welcome to the 316th Carnival of Personal Finance- Family Edition. This week I am reminding you all about those special people in your life- your family. Big Cajun Man from THE Canadian Personal Finance Site asks What is Your Financial Plan B? Ken from Spruce Up Your Finances asks Need A Down Payment For Your House?

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

Prairie Eco-Thrifter

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? Instead of just buying 10 times your annual salary for life insurance, sit down and figure out what your really needs are.