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Say you have a $200,000 mortgage at 3.5%. Your annual mortgage interest cost would be $7,000. That $7,000 can then be used to reduce your taxable income, saving you $7,000 of taxable income!    If, like most people, you are in the 25% federal tax bracket, you pay $1,750 less in income taxes now because of that. So the net $7,000 minus $1,750 makes the true net after-tax cost for the mortgage only $5,250. That $5,250 is your 2.625% net-effective after-tax rate to borrow money.

Say you have a $200,000 mortgage at 3.5%. Your annual mortgage interest cost would be $7,000. That $7,000 can then be used to reduce your taxable income, saving you $7,000 of taxable income! If, like most people, you are in the 25% federal tax bracket, you pay $1,750 less in income taxes now because of that. So the net $7,000 minus $1,750 makes the true net after-tax cost for the mortgage only $5,250. That $5,250 is your 2.625% net-effective after-tax rate to borrow money.

Wow what an phenomenal budgeting guide! Gives estimates on how much is spent a year an how to cut the costs! Everything from meals to home and car care.

Infographic: Small Changes Add Up to Big Savings

Wow what an phenomenal budgeting guide! Gives estimates on how much is spent a year an how to cut the costs! Everything from meals to home and car care.

Polite children....list of manners to teach kids by age group. these are really good esp. the table manners and patience.

How to teach manners to toddlers, kids, and tweens

Polite children....list of manners to teach kids by age group. these are really good esp. the table manners and patience.

"Wash & Brush" Timer. Light is green to go and blinks red when you can stop. For hand washing (20 sec) & Teeth brushing (2 min). Good idea.

"Wash & Brush" Timer. Light is green to go and blinks red when you can stop. For hand washing (20 sec) & Teeth brushing (2 min). Good idea.

Help Your Child Succeed With A Clean Room Checklist:

Help Your Child Succeed With A Clean Room Checklist

Age appropriate financial literacy, important lessons children should know at each age -Council for Economic Education

Age appropriate financial literacy, important lessons children should know at each age -Council for Economic Education

Her Face Says It All...I Would Be Miserable Too If I Was Stuck In A Shirt With My Brother.  Hhhhhhmmm wonder if it would work with my teens ..lol..

Her Face Says It All...I Would Be Miserable Too If I Was Stuck In A Shirt With My Brother. Hhhhhhmmm wonder if it would work with my teens ..lol..

I love this! Toys that are not picked up go in the ransom box and they have to pick a chore to complete to earn it back! A great lesson in personal responsibility.

I love this! Toys that are not picked up go in the ransom box and they have to pick a chore to complete to earn it back! A great lesson in personal responsibility.

Ayuda para que los niños pequeños sepan reconocer el pie izquierdo y el derecho

Ayuda para que los niños pequeños sepan reconocer el pie izquierdo y el derecho