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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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Money Matters: How to Prepare Your Finances for a Recession

Motherhood Moments

An emergency fund is vital regardless of the larger economic climate. Assess your emergency savings today and explore ways to bolster them through possible side hustles or gig work. Generally, you want to aim for an emergency fund of three to six months of expenses. Prepare by paying off debt.

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Over 40 and Worried about Money? Start here!

Family Balance Sheet

We charted out our course of action to pay off debts and start saving for retirement. Finding a professional can be overwhelming, but Dave Ramsey just launched SmartVestor , a free resource to help you find an investing professional. Although I have not personally used this resource. Where We Stand.

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Yakezie Carnival October 16, 2011- Growth Edition

Prairie Eco-Thrifter

Here’s some tips to be wary of when trying to consolidate your debt. Personal Finance Whiz : What Is An Emergency Fund? One of the major components of being financially fit is to have an emergency fund. Instead of giving in, they used it as an opportunity to pay down debt!

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How to Start a Budget (and be successful at it!)

Family Balance Sheet

I came up with strategies to help us pay for yearly bills, large expenses, and we were able to pay off debts. More budgeting resources: How to Budget and Save for Large Yearly Expenses, such as taxes, home owners and auto insurances. During that time, I started to budget for everything.

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