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How Long Should You Keep Financial Documents

Family Balance Sheet

However, you should print any canceled checks or year-end statements that you would need for tax purposes, ie - charitable contributions, home improvements, business expenses, mortgage payments, etc. Permanent home improvement bills should also be kept while you still own your home.

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Cash-Out Refinancing: How It Works, When To Do It

Savings Corner

You can improve your credit: If you use your equity to consolidate debt, your credit utilization could drop. You can take advantage of tax deductions: If you use the funds for home improvements, you could take advantage of the interest deduction. Using the cash out for home improvements is a more prudent use.”

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How To Get A Personal Loan In 8 Steps

Savings Corner

The steps may vary depending on whether you’re looking for debt consolidation loans , home improvement loans, medical loans or wedding loans. Income verification: You can provide a pay stub, bank statements, tax returns or even 1099 forms if you’re self-employed.

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Mortgage Refinancing: What Is It And How Does It Work?

Savings Corner

Cash-out refinance Caret Down When you do a cash-out refinance , you use your home equity to withdraw cash to spend. This increases your mortgage debt but gives you money that you can invest or use to fund a goal, like a home improvement project. Your credit score will temporarily take a hit.

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Meet a Reader | JenRR from the Midwest

The Frugal Girl

As our family and household income grew, my husband and I made it a goal to put more money aside for emergencies, retirement, college, home improvements, etc. We ending up buying our current home in 2015, when local prices and interest rates were significantly lower. What’s your best frugal win? Childhood joy.

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Home Depot: 75% off Behr Paint Brushes & Accessories

For the Mommas

If you are doing any home improvement projects, this is a super hot deal! The Home Depot has 75% off Behr Paint Brushes, Roller Covers and Applicator Kits. Use Home Depot Coupon Code BEHR75 at checkout. The Behr Paint Kit: This Behr Paint Kit is only $4.00 + tax shipped. Three premium rollers for $2.64

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How I Organize My Paper Files and Filing Cabinet

Family Balance Sheet

Major Category: Home improvements - I keep a sub-file for each major improvement project where I store the receipts, contracts, warranties, contractor information. Major Category: Taxes - I have a sub-file for each year. Major Category: Medical records - I keep a file for each family member.

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