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

Penny Pinchin' Mom

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? Should you pay off debt or save?

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Meet Doug & Laura. They Paid off $23,000 in 16 Months. | Debt Free Stories

Family Balance Sheet

Welcome to Debt Free Stories. Together they paid off $23,000 in 16 months. What inspired you to get debt free? When my wife and I got married, we both made the decision that our first financial priority would be becoming debt free. What are the top 3 – 5 ways you found money to put towards debt.

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Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

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Welcome to Debt Free Stories. She and her husband paid off $147,000 in debt–including their home. After paying off the debt, she was able to quit her job to pursue her passion. She blogs at The Debt Myth. Quitting my job is one of the things being debt free has enabled us to do.

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Meet Krista & Jon Who Paid Off $36,000 | Debt Free Stories

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Welcome to Debt Free Stories! They paid off $36,000 in debt and cash flowed graduate school. With tuition payments and debt payments we spent about $60,395 between January 2012 and March 2014 when we became completely debt free with two bachelor’s and two master’s degrees between us.

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Meet Amanda & Daniel. They Paid Off $68,000 in Debt in 8 Months.

Family Balance Sheet

Today’s Debt Free Story is from Amanda & Daniel. Together they blog about becoming debt free and location independence in order to serve the world at Life with a Mission. We paid off $68,000 of debt in eight months. What inspired you to get debt free? Who initiated the debt free goal?

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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. We paid off $7,665 worth of credit cards, school loans and a car loan. 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? Where are you from?

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Meet Carrie. She Paid Off $14,000 in Debt in 14 Months.

Family Balance Sheet

Today’s Debt Free Story is from Carrie. It took just over a year (14 months to be exact) before I paid off all my debts and became debt free! I was only bringing home a net income of $3,000 a month, so paying $1,000 each month towards my debt was a lot of money, and took a lot of sacrificing.

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