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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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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Hello and welcome to the 316th Carnival of Personal Finance- Family Edition. Big Cajun Man from THE Canadian Personal Finance Site asks What is Your Financial Plan B? Ken from Spruce Up Your Finances asks Need A Down Payment For Your House? Sean Smarty from Grow Money talks about How to Invest During College.

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How to Achieve Your Financial Goals (tips from the achievers)

Family Balance Sheet

I interviewed several personal finance bloggers that have conquered their past financial goals and continue to challenge themselves going forward. They also made the commitment to stay away from debt for good. Shannon from Growing Slower says her most powerful strategy to achieving their goal was to write it down and have a plan.

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Find out how Charissa and Her Husband Paid Off $7665 of Debt and Cash Flowed College

Family Balance Sheet

Today’s Debt Free Story is from Charissa. She helps readers gain control of their finances and live well on a budget at her blog Cook with a Shoe . I also wanted to pay off the student loans he had, and see him graduate without occurring any more debt. If married, who initiated the debt free goal?

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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’re now on Baby Step #7 (building wealth, which includes college funding).

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Meet Carrie. She Paid Off $14,000 in Debt in 14 Months.

Family Balance Sheet

Did you follow a particular debt freedom plan or book, such as Dave Ramsey or Debt-Proof Living? Yes, I did follow a few of Dave Ramsey’s strategies, but I also starting reading other finance blogs to see how they paid off debt so quickly. Were there arguments during the time you were working on your debt?

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Find out how Richard paid off $40,000 of debt

Family Balance Sheet

So whether that’s hiking across the beautiful Sussex Downs, growing my own vegetables or taking my binoculars out for a spot of bird watching I rarely spend much time indoors. I was earning more each year and the debt I was carrying was covered each month without too much worry. What inspired you to get debt free?

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