Motherhood Moments

JANUARY 18, 2023

Nobody knows for sure whether we’ll see a recession or not,” said Amy Maliga, financial educator with Take Charge America, a nonprofit credit counseling and debt management agency. Hatch a plan to tackle your debt, particularly high-interest balances, to help you free up more cash. Prepare by paying off debt. Prepare your resume.

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Recession Finance Emergency Fund Debt 100

Family Balance Sheet

APRIL 12, 2016

Today’s Debt Free Story is from Jessica. I had $56,000 of debt when I decided to become debt free. I had $29,000 in MBA student loans, $14,000 in credit cards, and $13,000 in a car loan. What inspired you to get debt free? I read it in two days and I was sold on the idea of being debt free.

Credit Cards 100

Credit Cards Debt Debt Free Student 100

Penny Pinchin' Mom

DECEMBER 17, 2023

From a personal point of view, I much prefer living debt free. Your positive credit report will encourage other lenders to grant similar facilities. Your risk profile goes down as you are no longer a first-time borrower, and your debt-to-income ratio goes down along with your credit utilization rate.

Pay Off Debt 52

Pay Off Debt Debt Emergency Fund Financial Goals 52

Prairie Eco-Thrifter

MAY 30, 2012

Having Multiple Credit Cards Buying with credit cards leads to spending more than you earn and we all know where that leads. Interest rates on credit cards are usually the highest around so you are actually paying many times what the item is worth. Make establishing an emergency fund a priority.

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Money Emergency Fund Debt Financial Goals 235

Family Balance Sheet

SEPTEMBER 9, 2014

Welcome to Debt Free Stories. After paying off the debt, she was able to quit her job to pursue her passion. I quit my job to focus on my own stuff (blogging, painting, rental property, my iPhone app, writing Kindle books, etc.). Quitting my job is one of the things being debt free has enabled us to do.

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Debt Debt Free Pay Off Debt Financial Goals 236