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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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5 Steps to CRUSH Debt + FREE Debt Payoff Goal Tracker

Family Balance Sheet

Did you make a goal to pay off debt this year? For many years, we made a yearly goal to chip away at our six figures of non-mortgage debt. It took us years to pay it all off, but we achieved it in 2019. Your first assignment: Take the first step and calculate your debts by using my FREE Family Balance Sheet.

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Meet Amanda & Daniel. They Paid Off $68,000 in Debt in 8 Months.

Family Balance Sheet

Together they blog about becoming debt free and location independence in order to serve the world at Life with a Mission. Include anything that you’d like to add to give the reader an idea about your personality. We ate at home a lot and watched our food budget carefully. How did you celebrate when you became debt free?

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Meet Doug & Laura. They Paid off $23,000 in 16 Months. | Debt Free Stories

Family Balance Sheet

Include anything that you’d like to add to give the reader an idea about your personality. We put any extra money that would come in toward our debt. What are your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt. Make paying off debt a priority.

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How to Achieve Your Financial Goals (tips from the achievers)

Family Balance Sheet

Jacki, from The Debt Myth , stresses to give yourself a break, because YOU get to decide what’s right for your life. Each month when they do their budget, they update their chart. Related Reading: Check out Deacon’s free Starter Budget Form. 5 Steps to Crush Debt + a FREE Debt Payoff Tracker.

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Friday Links – Win an iPad Mini Edition

Prairie Eco-Thrifter

My friend Jackie over at The Debt Myth has created a Pay Off Debt App which I think is very cool. She has lived the journey of being sunken in debt and then freeing herself and now she is trying to help others do the same with her new app. She is giving away an iPad mini that you can enter for here.

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How Angela & Jeff paid off $58,000 of Debt in 2 Years

Family Balance Sheet

You can find Angela at her You Tube channel, Our Life…on a Budget , where she vlogs about getting out of debt and staying there! Angela & Jeff’s Debt Free Story. Include anything that you’d like to add to give the reader an idea about your personality. Tell us about you and your family.

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