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Why You Should Be Skeptical of Financial “Rules of Thumb”

Prairie Eco-Thrifter

And what happens when you add in property taxes, utility, home insurance, and maintenance? Instead of just buying 10 times your annual salary for life insurance, sit down and figure out what your really needs are. The costs really start to add up.

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How We Paid off Six Figures of Debt

Family Balance Sheet

We have thought about moving to a larger home with more space, but a smaller home means lower utility bills, homeowners’ insurance premiums, maintenance, and property taxes. We could no longer afford traditional health insurance, so we researched other options and took a leap of faith with a health sharing ministry.

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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. Necessary expenses could be: – Home: Mortgage/rent, utilities, insurance, taxes, necessary repairs. During that time, I started to budget for everything. This is a 12 month spreadsheet.

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