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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? However, if you pay off these debts, there will be nothing left for investments in these tough financial times.

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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. A student loan?

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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. Maureen eliminated $79,000 of credit card and student loan debt less than 3 years. Jessi and her husband paid off her student loans. Make it visual.

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

Family Balance Sheet

Today’s Debt Free Story is from Jessica. 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? What kind of debt was it?

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

Family Balance Sheet

Today’s Debt Free Story is from Richard of Frugality Magazine , where he shares frugal living tips for financial freedom. Include anything that you’d like to add to give the reader an idea about your personality. I left university, as so many do, with a fair chunk of debt. What inspired you to get debt free?

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