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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

Prepare ahead of time and create a bare bones budget that includes only your essentials — think food, shelter, clothes, transportation and insurance — so you have a plan in the event that you experience a loss of income or need to cut expenses suddenly. Prepare by paying off debt. Prepare for the unexpected.

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Yakezie Carnival October 16, 2011- Growth Edition

Prairie Eco-Thrifter

Now without further adieu, I present you with the dozens of great reads written by Yakezie members and challengers alike this past week in our efforts to bring you timely insight on personal finance and lifestyle today. Don’t Quit Your Day Job: Refinance Your Mortgage and Pay the Same Amount?

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What Is A Personal Loan?

Savings Corner

Working to improve your credit score and reduce your debt-to-income ratio before applying can help get you the best loan terms. A personal loan is money borrowed from a lender that can be used for nearly any purpose. You can get a personal loan from online lenders, banks and credit unions, and the funds are provided in a lump sum.

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Find out how Richard paid off $40,000 of debt

Family Balance Sheet

What inspired you to get debt free? Was there a particular event? It was getting to the point that as soon as I got paid, covered my monthly bills and made the required debt repayments my bank account was back to zero again. Was there something that you gave up that you will go back to now that you are debt free?

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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. How much debt did you pay off? What inspired you to get debt free? Was there a particular event?