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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. You are one emergency short of losing track of your finances. What gives?

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Find out how Charissa and Her Husband Paid Off $7665 of Debt and Cash Flowed College

Family Balance Sheet

Today’s Debt Free Story is from Charissa. She helps readers gain control of their finances and live well on a budget at her blog Cook with a Shoe . We started paying it off when we got married and became debt free just shy of our second anniversary. What inspired you to become debt free?

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Shannon & Her Husband Paid off $22,000 in 9 Months

Family Balance Sheet

Today’s Debt Free Story is from Shannon. She writes at Growing Slower. As many students do these days, we had tens of thousands of dollars of debt by the time we graduated with our Masters degrees. Read more about Shannon’s debt free journey. What inspired you to get debt free?

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Find Out How Olivia & Her Husband Paid off Their Mortgage in 33 Months

Family Balance Sheet

Today’s Debt Free Story is from Olivia. What inspired you to get debt free? There were two things that inspired us to pay off debt. Did you follow a particular debt freedom plan or book, such as Dave Ramsey or Debt-Proof Living? We did follow Dave Ramsey’s 7 Baby Steps to becoming debt free.

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How to Achieve Your Financial Goals (tips from the achievers)

Family Balance Sheet

I interviewed several personal finance bloggers that have conquered their past financial goals and continue to challenge themselves going forward. Their 2017 goal is to pay off the remaining balance on their mortgage ($27,900) and be DEBT FREE! Jackie and her husband paid off $147,000 of debt in 10 years and are debt free.