Penny Pinchin' Mom

DECEMBER 17, 2023

You are one emergency short of losing track of your finances. This is why you should pay off your high-interest debts like credit cards first. The best way to get out of existing debt when your credit card balances are high is to stop charging them and live within your limits as you pay them down. What gives?

Pay Off Debt 52

Pay Off Debt Debt Emergency Fund Financial Goals 52

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.) The rest was our house. to a high of maybe $80,000/year.

Debt 236

Debt Debt Free Pay Off Debt Financial Goals 236

Family Balance Sheet

APRIL 12, 2016

I work in Finance/Accounting for a large corporation but I have also started a company called Every Single Dollar , which focuses on personal finance for single women. I had $29,000 in MBA student loans, $14,000 in credit cards, and $13,000 in a car loan. I will NEVER finance a car again.

Credit Cards 100

Credit Cards Debt Debt Free Student 100