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Rent vs Buy Calculator: Should I Rent or Buy?

Savings Corner

We included ongoing payments for rent and renter’s insurance and a one-time security deposit. It takes into account typical spending on home renovations and maintenance. Your result assumes you’ll deduct on your taxes the costs for mortgage interest, PMI and property tax, and that your marginal income tax is 25%.

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Family Budget Spreadsheets 2021

Family Balance Sheet

Years ago, there was a month where I hadn’t planned on a large property tax bill and I wasn’t sure where we were going to find the money. Personal Escrow – Use this spreadsheet to plan for your high yearly expenses, such as property taxes, association fees, insurance, etc.

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Introducing: Family Budget Spreadsheets

Family Balance Sheet

There was a month in 2013 where I hadn’t planned on a large property tax bill and I wasn’t sure where we were going to find the money. Personal Escrow – Use this spreadsheet to plan for your high yearly expenses, such property taxes, association fees, insurance, etc.

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How We Paid off Six Figures of Debt

Family Balance Sheet

Aside from the mortgage, we also added equipment and renovation loans with the purchase, and we had a student loan. This side hustle income was mainly used for the fun stuff, such as camping, home renovations & repairs, and needs for our kids. Why We Chose Medi-Share, an affordable solution to traditional health insurance.

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

Savings Corner

Cash-out refinances are generally best for big-ticket costs: Think home renovations or major debt consolidation. Many borrowers use the proceeds for the following reasons: Home improvement projects: You could use a cash-out refinance to renovate your home or add an addition, for example. There are no limitations.

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

Family Balance Sheet

Necessary expenses could be: – Home: Mortgage/rent, utilities, insurance, taxes, necessary repairs. – Transportation: loan payments, fuel, insurance, service/repairs, necessary parking/tolls. More budgeting resources: How to Budget and Save for Large Yearly Expenses, such as taxes, home owners and auto insurances.

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