Penny Pinchin' Mom

DECEMBER 17, 2023

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.

Pay Off Debt 52

Pay Off Debt Debt Emergency Fund Financial Goals 52

Family Balance Sheet

FEBRUARY 22, 2011

What got us through.our emergency fund. Had it not been for the money in our emergency savings, we would most likely have used credit cards to survive. We reduced our spending where we could, but the money to pay any shortfall each month came from our emergency fund. It was a scary time for us.

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Emergency Fund 2007 Personal Finance Debt 127

Savings Corner

DECEMBER 24, 2023

Bankrate’s debt consolidation calculator is designed to help you determine if debt consolidation is the right move for you. Simply fill in your outstanding loan amounts, credit card balances and other debts. Debt consolidation is the process of combining several debts into one new loan.

Debt 52

Debt Calculators Credit Cards Credit 52

Family Balance Sheet

APRIL 9, 2021

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.

Debt 130

Debt Emergency Fund 2019 Debt Free 130

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.) Then my husband decided to pay off his car.

Debt 236

Debt Debt Free Pay Off Debt Financial Goals 236

Family Balance Sheet

AUGUST 11, 2016

We charted out our course of action to pay off debts and start saving for retirement. Start Saving for your Emergency Fund TODAY! If not for that fund, we would most likely have used credit cards to survive. That emergency fund saved our business, our sanity, and our marriage.

Emergency Fund 100

Emergency Fund Money Finance Debt 100

Prairie Eco-Thrifter

JULY 4, 2011

Nathan Richardson from ComplexSearch.com presents What’s a Good Credit Score? Philip Taylor from PT Money Personal Finance presents The Best Gas Rewards Credit Cards–June 2011. Ben from Money Smart Life provides Credit Card Bonus Comparison Charts so you can make the best decision. I totally agree.

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Personal Finance Finance Family Debt 240