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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? You are one emergency short of losing track of your finances. Should you pay off debt or save?

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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. Mike from Personal Finance Journey wants to know if coupons are worth it.

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Cool Things I Read This Week

Prairie Eco-Thrifter

0 saves Save. 6 Ways to Save Money On a Gym Membership [link] #. Reading: Carnival of Money Stories # 94 Introspective Edition [link] by @ InvestItWisely # Yakezie Get your cup of coffee out. #. Reader Asks About Selling Home to Pay Off Debt – [link] I agree.

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Secret tips to creating an online savings budget – Is this the way to financial freedom?

freestuff.tv

Check out this guest post by Angela from Debt Consolidation Care: It needs no mention that budgets and savings play a pivotal role in assisting consumers in paying off debt. Here are some secret tips in creating a budget that can rejuvenate your personal finances and become debt free.

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Emergency Funds: Emergencies Happen When You Least Expect It

Family Balance Sheet

Had it not been for the money in our emergency savings, we would most likely have used credit cards to survive. We reduced our spending where we could, but the money to pay any shortfall each month came from our emergency fund. Your wants and dreams are secondary and need to be saved for separately. Six months?

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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? So what did they do?

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Find out how Richard paid off $40,000 of debt

Family Balance Sheet

Many personal finance bloggers talk about having a “no spend week” – well basically I had a “no spend” five years! What are your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt. For example I got up at 3.45 So I pass on by.

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