Savings Corner
DECEMBER 25, 2023
How to use the Rent vs. Buy Calculator The renting-vs.-buying You’ll need just seven pieces of information to use our Rent vs. Buy Calculator, things you may already know or have been tossing around in your mind: To make things easy, we made a number of assumptions about other typical costs that factor into this calculation.
Family Balance Sheet
JUNE 4, 2015
After renting an office for 12 years, we had nothing to show for it and the space was starting to feel a bit cramped. The building offered so much potential, but needed a lot of work and we set out to renovate our dream office. As much as I wanted to be a property owner, the extra debt was beginning to suffocate us.
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Family Balance Sheet
MAY 6, 2020
Our small business was going well, so we said so long to renting office space and purchased a commercial property in the summer of 2012. But in August 2013 , our business softened, renovations to our new building were more costly than planned, and we were now the owners of two mortgages: our home and our business.
Family Balance Sheet
JUNE 22, 2020
We had been renting for over 10 years and we were ready to find a property to move our business to and eventually build our net worth. Our business was doing very well, and we were excited about the opportunity to own a property outside of our home. Also, the monthly mortgage payment was less than our rent payment.
Family Balance Sheet
JUNE 8, 2018
This could be your rent/mortgage, utilities, loan payments, anything that has a due date. Necessary expenses could be: – Home: Mortgage/rent, utilities, insurance, taxes, necessary repairs. You can’t cut back on your rent or mortgage payment, but you can find ways to save money on your groceries.
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