Remove Emergency Fund Remove Events Remove Financial Goals Remove Wellness
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The Age Old Question: Should You Pay Off Debt or Save?

Penny Pinchin' Mom

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. You are one emergency short of losing track of your finances. And there are tons of other benefits as well.

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

Family Balance Sheet

Was there a particular event? I needed to count on myself and support my son, and that meant getting my financial life in order, starting with building an emergency fund for the first time. Building an emergency fund also helps enormously. Who initiated the debt free goal? Get creative. Ask for help.

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Meet Tracy, a Single Mom Who Paid Off $41,587 | Debt Free Stories

Family Balance Sheet

Was there a particular event? What are your financial goals now? I’m working on baby step 3 (3-6 months emergency fund) while paying cash for my new home projects. Just like any other life changing goal, you have to want the long term result to make the short term sacrifices. Celebrate your successes.

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Meet Aja. She & her husband Paid Off $110,000 in Debt

Family Balance Sheet

Was there a particular event? We agree on what happens to our extra cash and discuss weekly our goals for saving and investing as well as any big ticket purchases on the horizon. What are your financial goals now? This post is linked to Thrifty Thursday at Living Well, Spending Less and The Thrifty Couple.

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How Krystal and Josh paid off $80k in 4 years!

Family Balance Sheet

Was there a particular event? emergency fund, so we started throwing what little extra we had straight. Communicating well and communicating often has made talking about. What are your financial goals now? First, we will save our six-month emergency fund. We decided to knock those. We usually.

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How Angela & Jeff paid off $58,000 of Debt in 2 Years

Family Balance Sheet

Was there a particular event? This is where we cut out any extra spending, such as personal money and clothing money, as well as trying to cut our grocery budget for the month, and add the money we saved to the debt payment. What are your financial goals now? What inspired you to become debt free?

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Find out how Charissa and Her Husband Paid Off $7665 of Debt and Cash Flowed College

Family Balance Sheet

She helps readers gain control of their finances and live well on a budget at her blog Cook with a Shoe . Was there a particular event? What are your financial goals now? Right now, the main goal is to finish saving up all the money my husband needs to finish school, which should be done later this year.

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