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

Prairie Eco-Thrifter

Rules of thumb are often used to make various financial decisions. The rule of thumb that states that it makes sense to spend 30% of your income each month on a housing payment doesn’t take into account the fact that you might have other debts, and that taking on more might over-leverage you. So, What Can You Do?

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Saving Tips & Free Crediting Monitoring

For the Mommas

Nearly 46% of consumers say they typically consider making a financial resolution – up 31% since the first year of the survey in 2009. Saving more (52%), spending less (19%) and paying off debt (19%). that gym you no longer use.) Paying Off Debt. The top 3 financial resolutions?

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What Is A Home Equity Loan?

Savings Corner

Home equity loans are best used for five-figure renovation or repair projects — which can garner you a tax deduction on their interest — or to consolidate other debts. Source: Bankrate national survey of lenders As for 2024: The potential for Federal Reserve interest rate cuts could be good news for home equity loans.

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Thrifty Thinking: Valentine's Day

Motherhood Moments

It also released its nationally representative 2023 Valentine’s Day Spending Survey , which found that more than 1 in 4 of Americans expect their Valentine to not spend any money on gifts this year. Virginia Beach, VA Valentine’s Day Spending Survey – Key Stats Some People Anticipate Smaller Gifts. New York, NY 13. Atlanta, GA 14.

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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

A recent survey claimed that six out of ten parents provide or have provided financial help to their adult children. My parents have helped us in the past. He used this email to save thousands of dollars on his last three car purchases. JB from My University Money asks Are You Using LinkedIn?

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Yakezie Carnival October 16, 2011- Growth Edition

Prairie Eco-Thrifter

You will learn exactly what settings, plugins, and themes he uses. Don’t Quit Your Day Job: Refinance Your Mortgage and Pay the Same Amount? Good Financial Cents: What to Watch For With Debt Settlement Companies Considering using a debt settlement company? Why Do You Need One and How Does it Work?

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