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The Age Old Question: Should You Pay Off Debt or Save?

Penny Pinchin' Mom

Advantages of Paying Off Debt From a purely financial point of view, it makes more sense to focus on debt payoff rather than directing available cash to a savings account. Before I took up my Financial Reboot journey, I was more focused on growing my savings accounts as opposed to paying off debt first.

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How to Avoid Financial Disaster

Prairie Eco-Thrifter

Start an Emergency Fund One of the biggest things you can do to help avoid disasters is to create an emergency fund. It’s not for paying bills, going on holidays or paying college fees; no matter how urgent these might be, they are not emergencies. Let’s look at some of these strategies now. I’m sure everyone.

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Are You Prepared For An Emergency?

Prairie Eco-Thrifter

In some cases, you might experience a financial emergency at the same time that you experience a natural disaster. While you can never be completely prepared for the toll an emergency takes on you, it is possible to limit the harm done by an unexpected turn of events. Physical Emergency Preparedness.