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. What gives?

Pay Off Debt 52

Pay Off Debt Debt Emergency Fund Financial Goals 52

Family Balance Sheet

SEPTEMBER 9, 2014

Welcome to Debt Free Stories. She and her husband paid off $147,000 in debt–including their home. After paying off the debt, she was able to quit her job to pursue her passion. She blogs at The Debt Myth. Quitting my job is one of the things being debt free has enabled us to do. How much debt did you pay off?

Debt 236

Debt Debt Free Pay Off Debt Financial Goals 236

Family Balance Sheet

AUGUST 4, 2014

Welcome to Debt Free Stories! They paid off $36,000 in debt and cash flowed graduate school. How much debt did you pay off? What kind of debt was it? After graduating with our bachelor’s degrees Jon and I had about $36,000 in debt between us. What inspired you to get debt free? They blog at 2 Copper Coins.

Debt Free 243

Debt Free Debt Goals Student 243

Prairie Eco-Thrifter

JANUARY 5, 2014

She runs MoneyZen Wealth Management , and has a financial blog geared toward helping women master their finances. How we handle our money early in life can impact us in future years- for example, young adults who rely on credit may find themselves continuing this pattern throughout life and consumed with debt.”

Personal Finance 192

Personal Finance Finance Finance Tips Graduation 192

Prairie Eco-Thrifter

MARCH 8, 2017

So do finances. If you give the same care to you finances that you give your garden, both should grow. You wouldn’t think of planting your day lily in the middle of an interstate, so don’t think of planting your finances in a hostile environment. One plant may do well in the sun, others in the shade.

Finance 133

Finance Growing Flowers and Plants Gardening 133

Prairie Eco-Thrifter

JULY 4, 2011

Hello and welcome to the 316th Carnival of Personal Finance- Family Edition. Philip from Deliver Away Debt shares his story: How I Delivered Away My Debt. 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?

Personal Finance 240

Personal Finance Finance Family Debt 240

Family Balance Sheet

APRIL 1, 2015

Today’s Debt Free Story is from Brian. He writes at Debt Discipline about about how his family of 5 deals with money, budgets and debt. I started my blog Debt Discipline to help keep us accountable while paying off our debt. How much debt did you pay off? What kind of debt was it?

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Debt Credit Cards Debt Free Credit 100

Family Balance Sheet

AUGUST 5, 2015

Today’s Debt Free Story is from Jessica. How much debt did you pay off? What kind of debt was it? 130K in mortgage debt. 10K in car payments, $35K in credit card debt. We made the decision to tackle our debt back at our home church in Chattanooga. What inspired you to get debt free?

Debt 100

Debt Debt Free Finds Finance 100

Prairie Eco-Thrifter

MAY 15, 2012

I mean, I was young, life was good, things were happening; what did I need all that finance stuff for? Better late than never’ is a good approach to personal finance for the over 40s. There are lots of financial advisors out there who are trained in the art of financial planning , debt reduction and other financial strategies.

Personal Finance 221

Personal Finance Finance Debt Calculators 221

Prairie Eco-Thrifter

MAY 22, 2011

Regardless as to the specifics, many Americans have elected to decrease spending, increase savings and eradicate debt. Fortunately, there is no one size fits all plan to debt reduction. While this may be one of the quickest ways to sock away money for the purpose of debt reduction, it’s likewise the least pleasurable.

Debt 157

Debt Recession Unemployment Budgeting 157

Family Balance Sheet

SEPTEMBER 20, 2016

The segment was so inspiring that I reached out to her to see if she would participate in the Debt Free Stories series. She hosts a You Tube channel, The Former Mrs. Jones , where she vlogs about budgeting, debt free living, and family life. Meet the Former Mrs. Jones: Her Debt Free Story. How much debt did you pay off?

Debt 100

Debt Debt Free Bath and Body Works Gas 100

Prairie Eco-Thrifter

MARCH 7, 2011

Guest Post Author Bio: Ryan is a contributory writer associated with the Debt Consolidation Care Community and has written several articles for various financial websites. He holds his expertise in the Debt industry and has made significant contribution through his various articles. Leave behind debt relief options.

Debt 171

Debt Thrifty Money Fuel 171

Koupon Karen

JANUARY 15, 2024

We’ll explore how to effectively leverage business financing, providing guidance to navigate through any uncertainties. This can present both opportunities and challenges when it comes to business financing and growth. The Need For Business Loans Like all businesses, family-owned companies may require additional funding.

Family 52

Family Finance Debt Monitors 52

Prairie Eco-Thrifter

JANUARY 6, 2011

Are you currently in debt? Like many of us who have previously been in debt, I know how difficult financial management can be. Many of us have never been taught the basics as a child and once we reach adulthood, we find ourselves making poor financial decisions that take us down the road of debt. See where you can make cutbacks.

Debt 113

Debt Finance Pay Off Debt Credit 113

Savings Corner

DECEMBER 24, 2023

In short, if it involves finances, then there’s a way to plan for it and optimize the outcome. A financial plan can help you direct how you organize your finances, from the small, short-term questions to the big, long-term issues. Debt reduction – How much do you need to pay down and how can you do it? What is a financial plan?

Goals 52

Goals Debt Taxes Insurance 52

Savings Corner

DECEMBER 24, 2023

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. You will also start to repay the money.

Debt 52

Debt Credit Cards Credit College Tuition 52

Prairie Eco-Thrifter

JULY 13, 2015

Before you get ready to shove those kids of yours out of the nest, here are what I consider to be (based on my experience as a person, a Mom, and a Grandma) the most important things you (or someone) should teach them about personal finance. Watch what others are doing, how they do it and what they may be getting from it.

Personal Finance 100

Personal Finance Finance Debt Money 100

Family Balance Sheet

MAY 4, 2021

I have used the extra money to pay off debt, fund family trips, or build up our Christmas savings. Not too shabby, but I need to up my game in May…lol! Years ago during our Debt Freedom Plan, I avoided using credit cards, not because we had credit card debt, but I was trying to limit our overall spending.

April 130

April Money Credit Cards Donation 130

Prairie Eco-Thrifter

DECEMBER 7, 2014

In the past, most loans (80%) have been for debt consolidation. To be sure, there are risks for borrowers in peer loans but really no more than those risks in other types of debt. Credit is a tool in personal finance. This will only speed your fall down the debt spiral with double the debt. Money Tips'

Debt 188

Debt Personal Finance Finance Credit 188

Savings Corner

APRIL 4, 2024

The application process may vary depending on the lender and type of loan, and the funding time can range from a few days to 90 days or more. To find out whether your business can afford a loan, many lenders will use something called a debt service coverage ratio (DSCR). You want to use business profits to make repayments on the loan.

Bank 40

Bank Banking Credit Finance 40

Family Balance Sheet

JULY 2, 2015

Today’s Debt Free Story is from Acadia. How much debt did you pay off? What kind of debt was it? All of our debt was $97,000 in student loan debt. We ended up buying a house from a relative, which put us in even more debt. What inspired you to get debt free? Tell us about you and your family.

Student 100

Student Debt Debt Free Finds 100

Savings Corner

APRIL 4, 2024

Key takeaways Home equity loans and HELOCs are both financing tools that allow you to borrow against your ownership stake in your home. Both act as second mortgages, using your home as collateral, and may offer tax deductions if the funds are used for substantial repairs or upgrades. Home equity loan: What is it? HELOC: What is it?

Home 52

Home Work Debt Credit 52

Prairie Eco-Thrifter

MAY 10, 2012

Welcome to the May 11, 2012 Edition #236 of the Carnival of Financial Planning. Failure to monitor your consumption expenditures means that they are flying blindly regarding their future finances. ’ Financial Planning Ashley presents Should I Get Married with Debt? . ” A Blinkin presents Should I Buy A House?

Money 113

Money May 2012 Debt 113

Savings Corner

DECEMBER 25, 2023

If your home has increased in value since you bought it, you may have more equity than what you’ve accrued from paying down your principal. Many people use the cash from a cash-out refinance to fund large-scale home improvements, education expenses or debt consolidation. Potentially higher interest rate.

Refinancing 52

Refinancing Debt Credit Cards College Tuition 52

Prairie Eco-Thrifter

MAY 16, 2013

Check them out: Good Reads From The Blogosphere: When you’re aggressively trying to pay down debt, you may feel that you’ve done all you can to curb your expenses, but have you really? Don’t miss Melissa’s post at My Personal Finance Journey if you Think You’re Sacrificing to Pay Down Debt?

Fridays 187

Fridays Debt Unemployment Rent 187

Savings Corner

APRIL 4, 2024

You can use this money for any purpose, including home remodeling , consolidating higher-interest debt , college tuition and other financial needs. Cash-out refinances are generally best for big-ticket costs: Think home renovations or major debt consolidation. The difference between the two is given to you in a lump-sum payment.

Refinancing 52

Refinancing Work Debt Home Improvement 52

Savings Corner

APRIL 4, 2024

Key takeaways A home equity loan allows you to borrow a lump sum against your home’s equity, usually at a fixed interest rate that’s lower than other forms of consumer debt. While high compared to their average of six percent in 2022, that’s significantly lower than other forms of consumer debt. What is a home equity loan?

Home 52

Home Debt Credit Cards Credit 52

Savings Corner

DECEMBER 24, 2023

To calculate your net worth, take inventory of what you own, as well as your outstanding debt. And when we say own, we include assets that you may still be paying for, such as a car or a house. That includes revolving consumer debts — such as credit card balances — as well as personal, auto, payday and title loan balances.

Calculators 52

Calculators Taxes Debt Consumer 52

Prairie Eco-Thrifter

NOVEMBER 25, 2012

In this article we will look at the pros and cons of saving and investing, as well as reducing debt, as a means of gaining financial security. If you want to get your cash back, you need to sell your shares; the price of your company’s stock may have gone up and so you will make a profit. What About Debt? What Should You Do? .

Money 189

Money Debt Refinancing Credit Cards 189

Family Balance Sheet

APRIL 29, 2015

Looking for new recipes, money-saving ideas, home-management tips, and strategies for debt-free living? Plus, if you subscribe now, you’ll get a chance to win these three personal finance books. I have a weakness for personal finance books, especially those written by bloggers. Debt Free for Life By David Bach.

Win 100

Win Personal Finance Debt Debt Free 100

Prairie Eco-Thrifter

APRIL 24, 2012

Forty-one percent of adults in the United States gave themselves a grade of C, D, or F on their knowledge of personal finance (according to the 2011 Consumer Financial Literacy Survey Final Report of the National Foundation for Credit Counseling). According to the resolution: Twenty-five.6 Your children know that you are saving money.

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United States Personal Finance Economical Finance 202

Savings Corner

DECEMBER 25, 2023

Depending on the lender, you may be able to choose a fixed or a variable interest rate. A variable rate may start out lower than a fixed rate, but could increase or decrease over time depending on economic conditions. If you have good credit, you may be able to refinance existing student loans to get a lower rate.

Student 52

Student College Credit Debt 52

Prairie Eco-Thrifter

JANUARY 1, 2013

A financial advisor told me recently that the thing that really made him upset was that nearly every new client he spoke to was making the same disastrous personal finance mistakes. So let’s look at the most common personal finance mistakes and what you can do to prevent or fix them. That was me, at any rate.

Emergency Fund 272

Emergency Fund Credit Cards Personal Finance Finance 272

Family Balance Sheet

SEPTEMBER 8, 2011

If you have a personal finance inspiring story where you have made a positive impact to your own Family Balance Sheet, then we want to hear it as part of my Inspiring Story series. Have you erased your debt? Graduated from college debt-free These are just a few ideas, but the stories are endless. The guidelines: 1.

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Debt Personal Finance Finance Debt Free 138

Savings Corner

APRIL 4, 2024

Just like any other loan, you apply for refinancing, which includes a thorough check of your credit, income, employment history and finances. The money you tap from your home’s equity can be used to consolidate higher-interest debt or to improve your home. Ideally, you’ll also get a lower rate in the process.

Calculators 40

Calculators Refinancing Insurance Homeowner Insurance 40

Savings Corner

DECEMBER 25, 2023

Lenders will look at your debt-to-income ratio, or DTI. Financing your vehicle may not always be the best choice, especially if you stand to spend more than the recommended amount of your income each month toward a loan. Your income also matters if you are trying to get approved for a loan. Can you afford the car you want?

Cars 52

Cars Car Insurance Calculators 52

Prairie Eco-Thrifter

MARCH 29, 2011

Overbuying is when someone buys a premium version of a basic product that they may need. Many home owners bought way too much house than their finances could afford. The biggest mistake that new homeowners make after purchasing a home is going heavily into debt to finance their purchases. Buying a house.

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Furnishings Debt Cars Car 157