Emergency Fund, Living Debt Free and Student

The Age Old Question: Should You Pay Off Debt or Save?

Penny Pinchin' Mom

DECEMBER 17, 2023

Advantages of Paying Off Debt From a purely financial point of view, it makes more sense to focus on debt payoff rather than directing available cash to a savings account. From a personal point of view, I much prefer living debt free. You will need to handle them first, even if your emergency fund is nonexistent.

Pay Off Debt

Pay Off Debt Debt Emergency Fund Financial Goals

Shannon & Her Husband Paid off $22,000 in 9 Months

Family Balance Sheet

FEBRUARY 4, 2015

As many students do these days, we had tens of thousands of dollars of debt by the time we graduated with our Masters degrees. Living on two-incomes, we could have easily paid off our debt quickly, but we had no idea at the time that “debt free” was even a thing. How long did it take you?

Debt Free

Debt Free Debt Financial Goals Budgeting

Frugal Focus

The Age Old Question: Should You Pay Off Debt or Save?

Shannon & Her Husband Paid off $22,000 in 9 Months

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