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20 Tips for Frugal Living

For the Mommas

You can use the difference in income to pay off debt, save or invest. Rent instead of own. If you calculate your mortgage interest, the cost of insurance and maintenance, buying can be much more expensive than renting. And if you rent, save money and then invest the difference. 20 Tips for Frugal Living.

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How We Paid off Six Figures of Debt

Family Balance Sheet

We had been renting for over 10 years and we were ready to find a property to move our business to and eventually build our net worth. Also, the monthly mortgage payment was less than our rent payment. In September 2001, we bought a 1700 square foot home with a one-car garage and ONE full bathroom. Small home = Low Expenses.

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