Penny Pinchin' Mom

DECEMBER 17, 2023

This is why you should pay off your high-interest debts like credit cards first. Advantages of Saving Despite Debts Building an Emergency Fund Building an emergency savings fund is the top reason to make saving a priority over paying down debt.

Pay Off Debt 52

Pay Off Debt Debt Emergency Fund Financial Goals 52

Prairie Eco-Thrifter

MAY 30, 2012

Having Multiple Credit Cards Buying with credit cards leads to spending more than you earn and we all know where that leads. Interest rates on credit cards are usually the highest around so you are actually paying many times what the item is worth. Make establishing an emergency fund a priority.

Money 235

Money Emergency Fund Debt Financial Goals 235

Prairie Eco-Thrifter

JANUARY 30, 2013

You never know when an emergency will arise. This emergency might be one related to a natural disaster, or it might be a financial emergency, such as a job loss. In some cases, you might experience a financial emergency at the same time that you experience a natural disaster.

Emergency Fund 211

Emergency Fund Job Loss Transportation Staying Warm 211

Family Balance Sheet

SEPTEMBER 9, 2014

We paid off over $147,000 in debt (actually way over that amount, if you want to count a $210,000 rental property that I sold at a slight loss.) About $52,000 of that $147K was consumer debt (credit cards, a student loan, a car loan, a home improvement loan, etc.) Building an emergency fund also helps enormously.

Debt 236

Debt Debt Free Pay Off Debt Financial Goals 236