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# open-the-books
  • m

    mysterious-tomato-10057

    02/28/2023, 11:14 PM
    While I've been working on publishing a very similar idea for our community, I recently found out Lakewood is doing the same thing so I figured I'd post them here so we can all discuss also. Opening the books. People are most optimal when information flows freely. Thank you in advance to everyone here who has agreed to let me anonymize and publish their financials. If anyone else is willing, please let me know! The first frum.finance version of this (which will include full investment projections) will be up soon, but here is week one of the incredible Lakewood project with Rivka Resnik doing it already! Open the books! What do people think? Thread in #general
  • m

    mysterious-tomato-10057

    02/28/2023, 11:15 PM
    Open the books! Here is week two from the Lakewood piece for us to discuss. All the comments on the last one have been really helpful for us building out our own community crowdsourced version of this the way we'd like to see it. Send all your ideas to me so we can use them in our upcoming series where we open up all of our books in frum.finance! Posted in #general
  • b

    bumpy-minister-26192

    04/27/2023, 2:39 AM
    I have a question on how these real estate deals work, if he's not paying into the principal of the loans, how are these properties considered assets and what's the future plan for paying these investment properties off? I'm curious how this all works.
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  • f

    fast-megabyte-10597

    11/30/2023, 9:08 PM
    Would it be possible for frum finance to publish a series of case studies that would run the gamut of different situations that people could be dealing with and the solutions that frum finance would provide and how those solutions worked over time (excuse the run on sentence please)? E.g. Yankel and shprintza are 35 years old and make a combined income of $85,000 before taxes with a take home amount of (insert number here, I don’t know how taxes work 😁 ). They have 3 kids ages X,y, and z with a combined yearly tuition of $xxxxx. They have two cars, one of which they own and the second which has a monthly payment of $xxx. Their auto insurance is $xxx etc etc. the proposed solution was for them to do a, b, and c. After 3 years the outcome of that solution was etc.
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