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The Age Old Question: Should You Pay Off Debt or Save?

Penny Pinchin' Mom

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. Doing this actually gave me the peace of mind that I needed to focus on my financial goals.

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How to Start a Budget (and be successful at it!)

Family Balance Sheet

Many years ago, our cash flow sucked, we put Christmas on a credit card, and I wasn’t sure how I was going to pay for a large tax bill. Personally, budgeting has allowed us to control of our money, reach financial goals, and start planning for our dream life. ” We’ve been there too.

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Find out how Jessica paid off $56,000 of student loans, credit cards, and a car loan.

Family Balance Sheet

She owns Every Single Dollar , an online financial resource dedicated to helping single women make informed financial decisions and set themselves up for financial success. I had $29,000 in MBA student loans, $14,000 in credit cards, and $13,000 in a car loan. What are your financial goals now?

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How to Save Money Fast – My Top 20 Tips

Penny Pinchin' Mom

Whether you are looking to save extra money for your emergency fund and potential unexpected expense, a new kitchen, or your kids’ college tuition—you name it—you will require self-discipline and a plan to reach any financial goal. You can even use a budgeting app if you need a little more support reaching your financial goal.

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Where I Found $370 Debt Snowball Money in January

Family Balance Sheet

Our main financial goal in 2015 is to pay down our non-mortgage debt. My hope is to have it all paid off by the end of 2016 and to do so we need to get creative and resourceful. We use a Discover credit card to pay for monthly expenses at our business. Where can we find extra money?

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The Difference Between Looking Rich and Being Rich

Prairie Eco-Thrifter

They don’t even have bad credit. However, their resources aren’t such that they can afford all the things they spend their money on. Unfortunately, that type of behavior is not financially sustainable. Neither of these men is what most of us would call “poor.” ” They make good money.

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How to Create a Family Balance Sheet + Get a FREE one for your family!

Family Balance Sheet

My Excel spreadsheet listed our short-term and long-term account balances, our debts, and our short-term and long-term financial goals. The spreadsheet is split between Assets and Liabilities: Assets: Assets are resources that you OWN. Having everything on one page made our money discussions much easier.

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