Savings Corner

DECEMBER 25, 2023

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%.

Rent 52

Rent Calculators Property Taxes Buy 52

Family Balance Sheet

DECEMBER 29, 2020

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. We could afford a camping trip, we could pay our tax bill on time, and we could pay cash for Christmas, but we needed to PLAN for it. .

Budgeting 130

Budgeting Budget Family Property Taxes 130

Family Balance Sheet

MARCH 9, 2018

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. We could afford a camping trip, we could pay our tax bill on time, and we could pay cash for Christmas, but we needed to PLAN for it.

Budgeting 160

Budgeting Budget Family Property Taxes 160

Savings Corner

APRIL 4, 2024

Cash-out refinances are generally best for big-ticket costs: Think home renovations or major debt consolidation. You can take advantage of tax deductions: If you use the funds for home improvements, you could take advantage of the interest deduction. This can be a boon for your credit score. There are no limitations.

Refinancing 52

Refinancing Work Debt Home Improvement 52

Family Balance Sheet

JUNE 22, 2020

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.

Debt 130

Debt Health Insurance Insurance Budgeting 130

Family Balance Sheet

JUNE 8, 2018

Many years ago, our cash flow sucked, we put Christmas on a credit card, and I wasn’t sure how I was going to pay for a large tax bill. A zero-based budget is planning for every single dollar of after-tax income. If your paychecks are inconsistent, you will need to cautiously estimate your after-tax income.

Budgeting 133

Budgeting Budget Financial Goals Goals 133