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The Age Old Question: Should You Pay Off Debt or Save?

Penny Pinchin' Mom

The post The Age Old Question: Should You Pay Off Debt or Save? Should you pay off debt or save? So, you want to get started on debt repayment so you can focus on other financial goals? However, if you pay off these debts, there will be nothing left for investments in these tough financial times.

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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Hello and welcome to the 316th Carnival of Personal Finance- Family Edition. Big Cajun Man from THE Canadian Personal Finance Site asks What is Your Financial Plan B? Ken from Spruce Up Your Finances asks Need A Down Payment For Your House? A Reverse mortgages has both advantages & disadvantages.&#.

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Cool Things I Read This Week

Prairie Eco-Thrifter

Reader Asks About Selling Home to Pay Off Debt – [link] I agree. Prairie Eco-Thrifter has Been Featured in the Carnival of Personal Finance # 297 [link] #. Prairie Eco-Thrifter has Been Featured in the Canadian Finance Carnival # 24 [link] #. RT @ Green_Panda Handling Your Finances – What is Being Frugal?

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Find Out How Olivia & Her Husband Paid off Their Mortgage in 33 Months

Family Balance Sheet

We made sure we could afford the monthly payments on a 15 year mortgage, with the mindset that we would pay more each month. What inspired you to get debt free? There were two things that inspired us to pay off debt. We took advantage of having two incomes. So he was paying over $2200.00

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How To Get A Business Loan In 6 Steps

Savings Corner

To find out whether your business can afford a loan, many lenders will use something called a debt service coverage ratio (DSCR). Bank relationship Relationships can make a big difference in managing your business finances and getting a loan. Take a look at some of the most common business loans and what they’re best used for.

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Yakezie Carnival October 16, 2011- Growth Edition

Prairie Eco-Thrifter

Now without further adieu, I present you with the dozens of great reads written by Yakezie members and challengers alike this past week in our efforts to bring you timely insight on personal finance and lifestyle today. Don’t Quit Your Day Job: Refinance Your Mortgage and Pay the Same Amount?

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What Is A Personal Loan?

Savings Corner

Key takeaways A personal loan is money you can borrow to finance large purchases, consolidate debt, invest in yourself or cover emergency expenses. Working to improve your credit score and reduce your debt-to-income ratio before applying can help get you the best loan terms. Personal loans have advantages and drawbacks.

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