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

Family Balance Sheet

We have been given money ourselves during our process of paying off debt and try to remain grateful and giving. If married, who initiated the debt free goal? Were there arguments during the time you were working on your debt? How often do you and your spouse discuss your finances/budget/spending?

Student 100
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Meet Stacy. She and her husband paid off $20,000 in 8 Months.

Family Balance Sheet

How often do you and your spouse discuss your finances/budget/spending? We do budget together EVERY SINGLE MONTH. Because each month needs a different budget based on the circumstances you’re currently in. I carry the budget envelopes in my purse, because if Barry carried them in his pockets, that would just be weirdo.

Debt Free 100