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

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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.

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Small Money Mistakes That Have Big Consequences

Prairie Eco-Thrifter

Controlling careless spending of even $5-10 a week and putting it into savings, can add up significantly over time. Increasing your credit card limit is really increasing your debt, or at least your exposure to debt, so say ’No!’ Living Paycheck to Paycheck Living from paycheck to paycheck is a dangerous and precarious practice.

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Top Tips for Strengthening Your Money Mojo

Prairie Eco-Thrifter

Lots of little changes can add up to big results, like a fatter savings account, more contributions to retirement funds , the means to do really cool stuff and just greater peace of mind. That last point is a particularly worthwhile goal as worrying about money is a unique brand of distressing. So, what are some of your goals?

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Managing Family Finances: Tips and Strategies for a Better Financial Future

Penny Pinchin' Mom

Emergencies constitute things like: Job loss Medical emergencies Accidents Unplanned large purchases (necessary large purchases) Natural disaster expenses You absolutely need to have this money set aside somewhere it can be easily accessed but also not within your day-to-day reach. If not, you need to get one.

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Find out how Jessica paid off $56,000 of student loans, credit cards, and a car loan.

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Today’s Debt Free Story is from Jessica. She owns Every Single Dollar , an online financial resource dedicated to helping single women make informed financial decisions and set themselves up for financial success. How much debt did you pay off? What kind of debt was it? Tell us about yourself.