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Meet a Reader | JenRR from the Midwest

The Frugal Girl

How did you get interested in saving money? At age 12, I started saving up my allowance and babysitting money to buy Christmas gifts for other children who were less fortunate. What’s the “why” behind your money-saving efforts? This one my husband saved from his own childhood 10. Childhood joy.

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Cost of Living Calculator | City and Salary Comparison Tool

Savings Corner

Home prices, property taxes and monthly rents vary from state to state, city to city, town to town and even neighborhood to neighborhood. For others, it involves driving your car, and that means factoring in car repairs, gas, tolls and parking. Bureau of Labor Statistics, the largest bill consumers pay each month is for housing.

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Buying A House In 2023: A Step-By-Step Guide

Savings Corner

Buyers should think about things like when they intend on moving and what they want in a home — amenities, ideal location and how long it could take them to save for a down payment,” says Edwence Georges, a real estate agent with RE/MAX in Westfield, New Jersey. Get started: Define your personal and financial goals.

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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

I am totally paraphrasing the year, but had it not been for the money in our emergency savings, we would most likely have used credit cards to survive. We spent the next few years building our savings back up to the level we had prior to 2007. What got us through financially? Our emergency fund. March 2020 arrived.

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How to Determine Home Value

Savings Corner

Knowing how to calculate your home’s value with the help of online tools and trained professionals better prepares you to buy, sell, refinance, tap into your home’s equity — or even negotiate lower property taxes. AVMs, for instance, don’t consider property conditions — a big factor in home value.

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Rent vs Buy Calculator: Should I Rent or Buy?

Savings Corner

This is a decision with many moving parts, and things change: Your down payment savings grow, you consider moving to a cheaper or more expensive area, you’re curious what happens if you spend less on a home, or more. In addition to a down payment, you’ll need to save for closing costs , which will run you about 3% to 5% of the loan amount.

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Meet a Reader | Mary from Reflections Around the Campfire

The Frugal Girl

How did you get interested in saving money? I learned to save money by watching my parents. (I I still remember saving my change as a kid so I could “shop” for books at yard sales.) What’s the “why” behind your money-saving efforts? A third “why” is that saving money is like a game to me.