Remove Financial Goals Remove Goals Remove Job Loss Remove Wellness
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The Age Old Question: Should You Pay Off Debt or Save?

Penny Pinchin' Mom

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. Doing this actually gave me the peace of mind that I needed to focus on my financial goals.

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Top Tips for Strengthening Your Money Mojo

Prairie Eco-Thrifter

That last point is a particularly worthwhile goal as worrying about money is a unique brand of distressing. There are lots of great sites, such as this one, that offer great tips on making budgets for all types of people and goals. Get Specific with Goals. You need to flesh out this goal into much more specific ones.

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Managing Family Finances: Tips and Strategies for a Better Financial Future

Penny Pinchin' Mom

Emergencies constitute things like: Job loss Medical emergencies Accidents Unplanned large purchases (necessary large purchases) Natural disaster expenses You absolutely need to have this money set aside somewhere it can be easily accessed but also not within your day-to-day reach.

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Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

Family Balance Sheet

We also went through multiple job losses, surgeries, huge car repairs, etc. It’s all about living with the choices you make, and changing what isn’t working vs. telling yourself “oh well, but I can’t do that because __.” Who initiated the debt free goal? What are your financial goals now?

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

Family Balance Sheet

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. I ended up taking Financial Peace University as well. What are your financial goals now? I had planned to pay it all off in 2.5