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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

While it’s nice to think that stocks offer 10% annualized returns over 20 years, the reality is that the S&P recently only returned 7.89% over a 20-year period (according to the most recent DALBAR survey). If you are buying a home, start with the 30% rule, and then evaluate where that puts you in terms of finances.