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

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Welcome to Debt Free Stories. She and her husband paid off $147,000 in debt–including their home. After paying off the debt, she was able to quit her job to pursue her passion. She blogs at The Debt Myth. Tell us about you and your family. How much debt did you pay off? What kind of debt was it?

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How We’re Using Upromise to Save for College

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I don’t recall why I never used the account, but I guess it just slipped my mind. Right before the pandemic started, I opened 529 College Savings Accounts for our daughters. My oldest was in eighth grade and one of my goals for 2020 was to start saving consistently for both daughters’ college education. Hello, 2020.

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Why I Don’t Use Credit Card Rewards Programs

Prairie Eco-Thrifter

An August 2013 issue of Daily Finance, in an article entitled Credit Card Debt Falling But Still Very High reported: “According to data from the Federal Reserve, as of July 2013, the average indebted household in the U.S. We prefer not to use credit. It’s a pain to use the points. Here is why.

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What Is A Personal Loan?

Savings Corner

Portions of this article were drafted using an in-house natural language generation platform. Key takeaways A personal loan is money you can borrow to finance large purchases, consolidate debt, invest in yourself or cover emergency expenses. A personal loan is money borrowed from a lender that can be used for nearly any purpose.

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Cash-Out Refinancing: How It Works, When To Do It

Savings Corner

You can use this money for any purpose, including home remodeling , consolidating higher-interest debt , college tuition and other financial needs. Cash-out refinances are generally best for big-ticket costs: Think home renovations or major debt consolidation. This can be a boon for your credit score.

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Best Cash-Out Refinance Lenders of 2023

Savings Corner

Many people use the cash from a cash-out refinance to fund large-scale home improvements, education expenses or debt consolidation. Cash-out refinances are helpful with major expenses, because you generally can borrow much more than you could with a personal loan or by using credit cards. Access to more funds.

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HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

Key takeaways Home equity loans and HELOCs are both financing tools that allow you to borrow against your ownership stake in your home. Both act as second mortgages, using your home as collateral, and may offer tax deductions if the funds are used for substantial repairs or upgrades. Home equity loan: What is it?

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