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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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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. Quitting my job is one of the things being debt free has enabled us to do.

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Create your debt freedom plan

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Prior to FPU, we thought we were doing well financially and never considered that we had too much debt. We didn’t carry over credit card balances, we paid off our car notes early, and the interest rate on the student loan was at a low 2.75%. At that time, we didn’t consider all debt to be dumb. DONE 2013.

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How Angela & Jeff paid off $58,000 of Debt in 2 Years

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I watched her and her husband’s debt free scream on The Dave Ramsey Show. You can find Angela at her You Tube channel, Our Life…on a Budget , where she vlogs about getting out of debt and staying there! Angela & Jeff’s Debt Free Story. What inspired you to become debt free?

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How Krystal and Josh paid off $80k in 4 years!

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I love her passion for helping others along their debt free journey. Be sure to check out her website where she is offering a free finance workbook if you subscribe to her newsletter. Krystal & Josh’s Debt Free Story. What kind of debt was it? We are debt. free except for our mortgage.

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

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Maureen eliminated $79,000 of credit card and student loan debt less than 3 years. Chris and his wife made a financial goal to switch to an all cash lifestyle, instead of relying on credit cards. Their 2017 goal is to wipe away $30,000 from their mortgage to keep them on track to pay it off in 36 months.

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

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Today’s Debt Free Story is from Charissa. How much debt did you pay off? What kind of debt was it? We paid off $7,665 worth of credit cards, school loans and a car loan. We started paying it off when we got married and became debt free just shy of our second anniversary.

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