Penny Pinchin' Mom

DECEMBER 17, 2023

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.

Pay Off Debt 52

Pay Off Debt Debt Emergency Fund Financial Goals 52

Family Balance Sheet

APRIL 9, 2021

Prior to FPU, we thought we were doing well financially and never considered that we had too much debt. We didn’t carry over credit card balances, we paid off our car notes early, and the interest rate on the student loan was at a low 2.75%. At that time, we didn’t consider all debt to be dumb.

Debt 130

Debt Emergency Fund 2019 Debt Free 130

Savings Corner

DECEMBER 24, 2023

Bankrate’s debt consolidation calculator is designed to help you determine if debt consolidation is the right move for you. Simply fill in your outstanding loan amounts, credit card balances and other debts. Debt consolidation is the process of combining several debts into one new loan.

Debt 52

Debt Calculators Credit Cards Credit 52

Family Balance Sheet

SEPTEMBER 9, 2014

We paid off over $147,000 in debt (actually way over that amount, if you want to count a $210,000 rental property that I sold at a slight loss.) About $52,000 of that $147K was consumer debt (credit cards, a student loan, a car loan, a home improvement loan, etc.) Then my husband decided to pay off his car.

Debt 236

Debt Debt Free Pay Off Debt Financial Goals 236

Family Balance Sheet

AUGUST 11, 2016

You work until you are 65 and then retire. Work for the same company for 35+ years. Another friend chimed in, “we’ll never stop working, retirement isn’t possible.” We charted out our course of action to pay off debts and start saving for retirement. Many are thinking outside the box.

Emergency Fund 100

Emergency Fund Money Finance Debt 100

Family Balance Sheet

FEBRUARY 2, 2017

Their 2017 goal is to boost their savings rate and get their expenses down to $30,000 a year as they work towards financial independence. Maureen eliminated $79,000 of credit card and student loan debt less than 3 years. Their 2017 goal is to pay off the remaining balance on their mortgage ($27,900) and be DEBT FREE!

Financial Goals 100

Financial Goals Goals Debt Budgeting 100

Prairie Eco-Thrifter

JULY 4, 2011

They are also there working with you to help you reach your goals; even those financial goals. Andy from Saving to Invest discusses Happiness in Life and Work. Philip Taylor from PT Money Personal Finance presents The Best Gas Rewards Credit Cards–June 2011. Families are our rock, our support system, and our fans.

Personal Finance 240

Personal Finance Finance Family Debt 240