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Saving Money on Renovations

Prairie Eco-Thrifter

One of the biggest questions in our minds when we are considering a house that needs renovations is “how much?”, so I’ve taken it upon myself to cost out the renovations for a new kitchen, new flooring, bathroom upgrades and painting. I don’t know if you’ve checked recently, but renovations are EXPENSIVE!

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How to Start a Business in 15 Steps

Savings Corner

Choose a business structure The legal structure of your business can affect everything from your taxes to what you’re liable for. Talking with a tax professional can help you choose the right business structure for you. Many business owners rely on their own savings to get started. Hair stylists need cosmetology licenses.

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Family Budget Spreadsheets 2021

Family Balance Sheet

Saving more money is one of the top resolutions that people make…after getting in shape and eating healthier. 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. Are you ready for a fresh start?

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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. It takes into account typical spending on home renovations and maintenance. appeared first on Savings Corner.

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Cash-Out Refinancing: How It Works, When To Do It

Savings Corner

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.

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How to Start a Budget (and be successful at it!)

Family Balance Sheet

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.

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Pros And Cons Of A Home Equity Line Of Credit (HELOC)

Savings Corner

If you qualify for the best rates, a HELOC can be a less expensive way to consolidate debt or finance a home renovation. Possible tax-deductible interest Even after the Tax Cuts and Jobs Act of 2017, you can still deduct interest paid on a HELOC if you use the money for home renovations.

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