Your property tax savings is a perfect candidate for this.
For example, if your tax savings are $1,000 per month, you might decide: • $400 to retirement accounts • $300 to a taxable investment account • $200 to extra principal on your mortgage or other strategic debt • $100 to guilt free “fun” spending The specific mix should come from a conversation with your financial advisor and your own priorities. The main idea is that you decide intentionally and automate as much as possible.
If you do not decide, the money will slip through your fingers.
Step 5: Use Part Of The Savings For Joy
This may sound strange in a chapter about financial strategy, but it matters. If you turn every dollar of tax savings into “serious” goals, you might eventually resent the whole process. You want your move to feel like an upgrade, not a punishment. Consider designating a small, fixed slice of your tax savings each month for:
• Vacations • Family experiences • Hobbies • Occasional splurges
The key is defining a specific amount, not just a free for all. You 76
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