Penny Pinchin' Mom

DECEMBER 17, 2023

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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Pay Off Debt Debt Emergency Fund Financial Goals 52

Family Balance Sheet

APRIL 12, 2016

It took me five years to pay off my debt but two of those years I had a job loss, I was taking care of my grandparents and I had lost my motivation and drive to pay off the debt. What inspired you to get debt free? Was there a particular event? She was so meticulous with her money.

Credit Cards 100

Credit Cards Debt Debt Free Student 100

Family Balance Sheet

JUNE 2, 2016

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. Could I knock $20 off my grocery shopping somehow? There was only one way to find out!

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Debt Finds Debt Free Pay Off Debt 100

Family Balance Sheet

JULY 2, 2015

We have a 5 year old son and are in the process of adopting our 2 year old and 4 month old foster sons, making us parents of 3 boys! What inspired you to get debt free? Was there a particular event? It wasn’t really a particular event, but more of a particular feeling. If married, who initiated the debt free goal?

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Student Debt Debt Free Finds 100

Family Balance Sheet

DECEMBER 10, 2014

I was only bringing home a net income of $3,000 a month, so paying $1,000 each month towards my debt was a lot of money, and took a lot of sacrificing. What inspired you to get debt free? Was there a particular event? The main event that catapulted me into wanting to be debt free, was the lowest point in my life to-date.

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Debt Debt Free Financial Goals Goals 227

Family Balance Sheet

JUNE 8, 2018

I came up with strategies to help us pay for yearly bills, large expenses, and we were able to pay off debts. Write down any events/holidays/activities that will require funds for the month that you are planning, along with a projection of what you’ll need. Budgeting is a lifelong habit.

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Budget Budgeting Financial Goals Goals 133

Savings Corner

DECEMBER 24, 2023

Working to improve your credit score and reduce your debt-to-income ratio before applying can help get you the best loan terms. Common reasons include paying off debt, financing a large purchase such as a vehicle or a boat, or covering the cost of a major expense like a wedding or a home renovation.

Debt 52

Debt Credit Cards Credit College Tuition 52