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

Penny Pinchin' Mom

Before you start paying off multiple debts, come up with an emergency savings goal to cover unexpected events. I would recommend that you have at least six months to a year’s worth of your monthly expenses saved in the event of a job loss or an unexpected emergency.

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Eight Things I Learned After Becoming a Millionaire

Prairie Eco-Thrifter

I still think twice about spending money and I still shop for the best bargain. Knowing I had the financial backing to live through negative life events (divorce, job loss, catastrophe, etc) removed a level of stress from my life. I hate to be taken advantage of in a financial transaction, just as I did when poorer.

Money 247
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Find out how Jessica paid off $56,000 of student loans, credit cards, and a car loan.

Family Balance Sheet

I work in Finance/Accounting for a large corporation but I have also started a company called Every Single Dollar , which focuses on personal finance for single women. Was there a particular event? Re-examine and shop around for car insurance every so often – I saved $1200 this past year for the same coverage.