Remove Finance Remove Pay Off Debt Remove Renovation Remove Repairs
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What Is A Home Equity Loan?

Savings Corner

Home equity loans are best used for five-figure renovation or repair projects — which can garner you a tax deduction on their interest — or to consolidate other debts. Tax advantages: You could be eligible for a tax deduction if you use the loan proceeds to substantially improve or repair the home. to 10 percent.

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How We Paid off Six Figures of Debt

Family Balance Sheet

After the first year, the new business debt weighed on me. Aside from the mortgage, we also added equipment and renovation loans with the purchase, and we had a student loan. By the summer of 2013, we found ourselves in a pickle–we had too much debt and not enough cash flow. What could possibly go wrong? We said NO a lot.

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How to Start a Budget (and be successful at it!)

Family Balance Sheet

I came up with strategies to help us pay for yearly bills, large expenses, and we were able to pay off debts. A budget could help you avoid late and insufficient funds fees, find money for an upcoming trip or expense, and ease a disagreement over finances in a marriage. We work through these steps together.

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