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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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Shannon & Her Husband Paid off $22,000 in 9 Months

Family Balance Sheet

Read more about Shannon’s debt free journey. What inspired you to get debt free? In January 2013 there was a blog post on Keeper of the Home that first awakened me to the concept of living debt free. We were living on one income that placed us just at the top of lower class income level.

Debt Free 100
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Find out how Anna paid off $23,605 in college, personal loans, and credit cards.

Family Balance Sheet

I sold old stuff I no longer used/wanted. I explain exactly how to create a Wants and Needs list in my book. No longer was I able to participate the way I used to so that caused a lot of stress. After that I wrote on my blog about how shocked and happy I was that the Spending Fast actually worked. I created more income.