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

Penny Pinchin' Mom

What gives? If there is such a clause, you should compare the amount payable to what you are about to save from interest to determine if paying off the debt is an overall gain or loss. A lower debt balance saves you money in the form of interest while saving gives you control over your investments.

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Top Tips for Strengthening Your Money Mojo

Prairie Eco-Thrifter

It makes us think of sacrifice, giving up all the fun stuff and obsessing over every dollar we spend. And for this reason, we tend to avoid making them, or we give it a go and quickly abandon it. That will create order in your mind; it will give you focus, and make you much more likely to take effective actions over the long-term.

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How to Handle the Stock Market Roller Coaster Ride?

Prairie Eco-Thrifter

Even if you aren’t invested in the market, you wonder if this will ripple down to you in the form of more job losses, higher prices, inflation, benefit reductions and belt cinching. This Is An Opportunity to Build Family Wealth. Some of you may know that I am on a mission to build wealth across generations in my family.

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

Penny Pinchin' Mom

By that, I mean you have created a weekly, monthly, and even annual budget, or you’ve taken the time to go through my Financial Reboot Course to give yourself an excellent chance to reign in your finances. Let’s assume that, like me, you’ve done everything necessary to streamline your spending.

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

Family Balance Sheet

Include anything that you’d like to add to give the reader an idea about your personality. We also went through multiple job losses, surgeries, huge car repairs, etc. Travel, buy fun stuff, give gifts, help others, work if I feel like it and not if I don’t, etc. She blogs at The Debt Myth. Where are you from?

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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. I didn’t really have to give up a lot while I was getting out of debt. I had planned to pay it all off in 2.5 What inspired you to get debt free?