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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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Small Money Mistakes That Have Big Consequences

Prairie Eco-Thrifter

Increasing your credit card limit is really increasing your debt, or at least your exposure to debt, so say ’No!’ Not Having an Emergency Fund It is dangerous to spend every cent you earn and not to have buffer against illness, injury, job loss or hard economic times. Make establishing an emergency fund a priority.

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Top Tips for Strengthening Your Money Mojo

Prairie Eco-Thrifter

You want to be able to contribute to investment accounts and build up a solid savings to get you through an emergency or unexpected job loss. So, don’t set goals based on a monthly budget that has some wiggle room in it for fun things, things that enhance your life. So, what are some of your goals?

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