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

Family Balance Sheet

That was in 2008, so you might imagine how that turned out! Luckily, even without misguided financial beliefs, we did pay off a significant portion of our debt before having kids. However, even if those things hadn’t come along, we were still on track to pay it off within 2 years just by saving every penny we could.

Debt Free 100
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10 Best Low-Risk Investments In April 2024

Savings Corner

Try Bankrate’s free AdvisorMatch service to quickly get connected to a CFP® professional who can help you achieve your financial goals. High-yield savings accounts While not technically an investment, savings accounts offer a modest return on your money. Risk: Savings bonds are backed by the U.S.

April 52
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Stay the Course Financially

Prairie Eco-Thrifter

When the Great Recession began in 2008/2009, my boss at the time (a Vice President of the company) and her spouse consulted their financial adviser to see what they should do. The personal saving rate — personal saving as a percentage of disposable personal income — was 5.4 Why should you keep saving?