article thumbnail

Learning to Save & Pay Off Debt | Guest Post

Saving Cents With Sense

I was raised with frugal parents that tried to install in me proper money management and even though I always paid off everything on time, I never managed to save money. Then more than a year ago something in me changed after a health scare and I realized that it’s important to pay off debt and save more than ever.

article thumbnail

Remember, Slow and Steady Wins the Race

Prairie Eco-Thrifter

Ask yourself : Do you start saving or paying off debt with a superhuman resolve- determined to avoid all temptation- only to fall off the wagon and give up hope in a matter of a few days? I started making smaller consistent payments that I could afford month after month and before I knew it my debt was gone.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Money Matters: Brilliant Hacks to Consider Before Purchasing a New Home

Motherhood Moments

Image via Unsplash It is true that the idea of buying a home continues to be the American dream, but one look at the real estate market will tell you that purchasing a property is getting more expensive all of the time. The lower your credit score, the more you may end up paying monthly. Remember to be smart along the way.

Money 130
article thumbnail

Cool Things I Read This Week

Prairie Eco-Thrifter

Reader Asks About Selling Home to Pay Off Debt – [link] I agree. Saving Money [link] I say pay off debt. Advantages of Buying a House With Cash [link] via @ flexo What would you do? High Cost of Being a Moron: Round 2 [link] via @ sustainlifeblog We have all made our mistakes.

article thumbnail

Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

Family Balance Sheet

About $52,000 of that $147K was consumer debt (credit cards, a student loan, a car loan, a home improvement loan, etc.) But it wasn’t a decade of nothing but paying off debt. When we first started we couldn’t have even conceived of becoming completely debt free. What inspired you to get debt free?

Debt 236
article thumbnail

Why You Should Be Skeptical of Financial “Rules of Thumb”

Prairie Eco-Thrifter

If you are buying a home, start with the 30% rule, and then evaluate where that puts you in terms of finances. Instead of just buying 10 times your annual salary for life insurance, sit down and figure out what your really needs are. When take a conservative approach, you are more likely to succeed in the long run. Money Tips'

article thumbnail

Ways to Beat Lifestyle Inflation

Prairie Eco-Thrifter

Even if that means that you allow yourself to buy a coffee every once in awhile and you didn’t let yourself before, it’s lifestyle inflation. I still have debt to pay off and want to buy a house, so all of that inflation money could go toward saving or paying down debt more quickly.

Debt 189