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

Prairie Eco-Thrifter

The result is that your money will last indefinitely. Your money really can last forever. 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. Money Tips' But What If Things Change?

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Buying a Home With the Help of Mortgage Insurance

Prairie Eco-Thrifter

If you’re one of the many people who can’t afford to put down the preferred 20% down payment, then you will be required by the lender to get mortgage insurance. The Definition of Mortgage Insurance. One loan with mortgage insurance is often a lot cheaper than taking out two separate loans. How to Save Money on Car Insurance.

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