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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? Should you pay off debt or save?

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Start Planning and Budgeting for Summer TODAY!

Family Balance Sheet

Once you have a total, you know the amount you need to start saving for and it’s not too late to find the funds. Front-Yard Landscaping: 15 Tips To Help You Design Your Landscape and Save Money. That number is what you need to save each month for next year. Put it all on the spreadsheet and list a projected expense.

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What Is A Personal Loan?

Savings Corner

Working to improve your credit score and reduce your debt-to-income ratio before applying can help get you the best loan terms. Common reasons include paying off debt, financing a large purchase such as a vehicle or a boat, or covering the cost of a major expense like a wedding or a home renovation.

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Find out How Acadia & Her Husband Paid off $97,000 in Student Loans

Family Balance Sheet

But in the end, we ended up making enough profit to pay off our debt entirely and still put some into savings! We used my husband’s gifts for architecture, design, and carpentry to our advantage. We found our strengths and came up with a way to use those in getting out of debt. Creativity. Minimalism.

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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

They are also there working with you to help you reach your goals; even those financial goals. Control Your Cash from Control Your Cash boldly says Your Smart Car Isn’t Saving the World. ElizabethG from Modern Gal shares how she is Coping with Bad Financial News. A plan B is a must in any home.

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Find Out How Olivia & Her Husband Paid off Their Mortgage in 33 Months

Family Balance Sheet

We made sure we could afford the monthly payments on a 15 year mortgage, with the mindset that we would pay more each month. What inspired you to get debt free? There were two things that inspired us to pay off debt. We took advantage of having two incomes. What are your financial goals now?

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Find out how Jessica paid off $56,000 of student loans, credit cards, and a car loan.

Family Balance Sheet

Share your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt. Also find inexpensive entertainment in your area – there are lots of free events in your local communities to take advantage of. How did you celebrate when you became debt free?