Prairie Eco-Thrifter
JANUARY 16, 2012
However, the particularly American dream of owning a home should still be achievable. The first thing to think about when buying a house (aside from the emotional considerations of making a home) is always the financial aspect. It’s a positive thing to buy a house and make it the home you always dreamed of.
Koupon Karen
JANUARY 4, 2024
Addictions can lead to job loss, strained relationships, legal issues, and health problems, all of which come with their expenses. Taking Care of Your Mental Health at Home Try implementing self-care practices at home that promote positive mental well-being.
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Prairie Eco-Thrifter
MAY 1, 2013
If you lose your job, or encounter another financial setback, 30% of your income might be too much to handle for a mortgage payment — especially if you have other debt. If you are buying a home, start with the 30% rule, and then evaluate where that puts you in terms of finances. Markets and economic conditions change as well.
Prairie Eco-Thrifter
JANUARY 30, 2013
This emergency might be one related to a natural disaster, or it might be a financial emergency, such as a job loss. For example, if my family were to experience a sudden drop in income, we have enough home food storage to help us along for a few months. You never know when an emergency will arise.
Prairie Eco-Thrifter
SEPTEMBER 15, 2014
I remember thinking about how wonderful it would be to not have to worry about whether we had enough to pay for the propane gas to heat our home. Knowing I had the financial backing to live through negative life events (divorce, job loss, catastrophe, etc) removed a level of stress from my life.
Prairie Eco-Thrifter
MAY 30, 2012
Not Having an Emergency Fund It is dangerous to spend every cent you earn and not to have buffer against illness, injury, job loss or hard economic times. Not Being Properly Insured You are the wage-earner, the care-giver, the home-maker, whichever of these titles you hold. Make establishing an emergency fund a priority.
Family Balance Sheet
SEPTEMBER 9, 2014
She and her husband paid off $147,000 in debt–including their home. After paying off the debt, she was able to quit her job to pursue her passion. We paid off over $147,000 in debt (actually way over that amount, if you want to count a $210,000 rental property that I sold at a slight loss.) Welcome to Debt Free Stories.
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