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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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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Hello and welcome to the 316th Carnival of Personal Finance- Family Edition. Nicole from Nicole and Maggie: Grumpy Rumblings of the Untenured tells her story about giving Self Serving Donations. Big Cajun Man from THE Canadian Personal Finance Site asks What is Your Financial Plan B? What do you think?

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Friday Links – Win an iPad Mini Edition

Prairie Eco-Thrifter

My friend Jackie over at The Debt Myth has created a Pay Off Debt App which I think is very cool. She has lived the journey of being sunken in debt and then freeing herself and now she is trying to help others do the same with her new app. She is giving away an iPad mini that you can enter for here.

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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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Emergency Funds: Emergencies Happen When You Least Expect It

Family Balance Sheet

Three to six months living expenses used to be what the personal finance experts recommended, but in today's environment, maybe six months to a year is more prudent. Which comes first: saving for an emergency OR paying off debt? I like this strategy, but I personally don't think $1000 is enough to start with.

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Create your debt freedom plan

Family Balance Sheet

There were a lot more fun and purposeful things we could have done with that money than pay the lender. After the FPU class, we looked at our debts differently. Becoming debt-free became very appealing and the idea of being able to give more, save more, and live more was the direction we wanted to go. A guiding light!

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How to Achieve Your Financial Goals (tips from the achievers)

Family Balance Sheet

I interviewed several personal finance bloggers that have conquered their past financial goals and continue to challenge themselves going forward. Jacki, from The Debt Myth , stresses to give yourself a break, because YOU get to decide what’s right for your life. ” Pay off Debt.