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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? What gives? Should you pay off debt or save?

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5 Steps to CRUSH Debt + FREE Debt Payoff Goal Tracker

Family Balance Sheet

Did you make a goal to pay off debt this year? For many years, we made a yearly goal to chip away at our six figures of non-mortgage debt. It took us years to pay it all off, but we achieved it in 2019. Your first assignment: Take the first step and calculate your debts by using my FREE Family Balance Sheet.

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Remember, Slow and Steady Wins the Race

Prairie Eco-Thrifter

Ask yourself : Do you start saving or paying off debt with a superhuman resolve- determined to avoid all temptation- only to fall off the wagon and give up hope in a matter of a few days? Start with a reasonable savings goal, one that is manageable and yet still allow yourself some fun and luxuries.

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Where we found money in April

Family Balance Sheet

I have used the extra money to pay off debt, fund family trips, or build up our Christmas savings. I save the points up to redeem a larger amount. I saved these points over many months and applied to a travel-related purchase. Yep, I found a $20 bill while running on the beach!

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Money Matters: Brilliant Hacks to Consider Before Purchasing a New Home

Motherhood Moments

Instead of just forking over the money you have, it is important to have a strategy so you can save the most money possible. Learn How Mortgages Work and What You May Need to Pay Before you make a final decision on a house, it is important to understand how mortgages work and how much you may have to pay to land the property.

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

Family Balance Sheet

She blogs at The Debt Myth. Include anything that you’d like to add to give the reader an idea about your personality. About $52,000 of that $147K was consumer debt (credit cards, a student loan, a car loan, a home improvement loan, etc.) But it wasn’t a decade of nothing but paying off debt.

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Meet Doug & Laura. They Paid off $23,000 in 16 Months. | Debt Free Stories

Family Balance Sheet

Include anything that you’d like to add to give the reader an idea about your personality. He took all of our financial information and put together a plan for us to get out of debt as fast as possible. What are the top 3 – 5 ways you found money to put towards debt. Make paying off debt a priority.

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