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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Hello and welcome to the 316th Carnival of Personal Finance- Family Edition. Big Cajun Man from THE Canadian Personal Finance Site asks What is Your Financial Plan B? Anon from Gen Y Capitalist tells Why It’s Better to Travel NOW Rather Than Save For Later. It has gone on for generations. What do you think?

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Create your debt freedom plan

Family Balance Sheet

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%. But Dave Ramsey’s view of debt is very different. That’s a necessity.

Debt 130
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Yakezie Carnival October 16, 2011- Growth Edition

Prairie Eco-Thrifter

Now without further adieu, I present you with the dozens of great reads written by Yakezie members and challengers alike this past week in our efforts to bring you timely insight on personal finance and lifestyle today. Don’t Quit Your Day Job: Refinance Your Mortgage and Pay the Same Amount?

October 200
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Find out how Jessica paid off $56,000 of student loans, credit cards, and a car loan.

Family Balance Sheet

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. How much debt did you pay off? How much debt did you pay off? What kind of debt was it?

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Find out how Richard paid off $40,000 of debt

Family Balance Sheet

At the same time my credit card debt was slowly creeping upward too thanks to my minimal income. I was earning more each year and the debt I was carrying was covered each month without too much worry. In general though, the process of paying off debt has taught me a lot of things, and its a lifestyle I continue to this day.

Debt 100