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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? If you are confused about whether you should pay off debt or save, you are not alone, although everyone’s financial situation is different.

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Top Tips for Strengthening Your Money Mojo

Prairie Eco-Thrifter

Lots of little changes can add up to big results, like a fatter savings account, more contributions to retirement funds , the means to do really cool stuff and just greater peace of mind. That last point is a particularly worthwhile goal as worrying about money is a unique brand of distressing. See a Budget as an Ally.

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Small Money Mistakes That Have Big Consequences

Prairie Eco-Thrifter

Not Having a Budget I know, you’ve heard it all before but have you taken action on this one yet? A budget provides you with a financial roadmap to get to where you want to be in life. A budget helps you track your finances so you know exactly where you are and whether you’re on track. It’s wasted money.

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Managing Family Finances: Tips and Strategies for a Better Financial Future

Penny Pinchin' Mom

Despite having a strict family budget , some members of my beautiful family still try to find sneaky ways to spend more than is allocated to them at any given time. Of course, budgeting isn’t all about sucking the fun out of everyone’s existence and putting family life on hold. Do you see that total figure?

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

Family Balance Sheet

It took me five years to pay off my debt but two of those years I had a job loss, I was taking care of my grandparents and I had lost my motivation and drive to pay off the debt. Simply doing a budget. Share your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt.

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

Family Balance Sheet

We also went through multiple job losses, surgeries, huge car repairs, etc. What are your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt? Who initiated the debt free goal? How often do you and your spouse discuss your finances/budget/spending? Get creative. Ask for help.

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