Family Balance Sheet
SEPTEMBER 20, 2016
The segment was so inspiring that I reached out to her to see if she would participate in the Debt Free Stories series. She hosts a You Tube channel, The Former Mrs. Jones , where she vlogs about budgeting, debt free living, and family life. Meet the Former Mrs. Jones: Her Debt Free Story. How much debt did you pay off?
Penny Pinchin' Mom
FEBRUARY 16, 2024
Should you just pretend that you don’t have savings and increase your debt ? It goes: 50% of your salary should go to your expenses and needs 30% should go towards what you want (a new car, a vacation, and all that) 20% should go towards your savings plan So, using this rule, 20% of everything you earn should go toward savings.
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Prairie Eco-Thrifter
JANUARY 10, 2017
With interest rates so low, why not spend now, using debt, instead of waiting for inflation and higher interest rates to kick in and raise the price of goods and services. Why shouldn’t we take that overseas vacation, buy that luxury condo at the lake, get new clothes every change of season, have that spiffy new car?
Penny Pinchin' Mom
FEBRUARY 16, 2024
Pay Down Debt Yes, this is a good way to set yourself up financially. Getting out of debt should make the top three of your financial priorities. Besides, paying off your debt and keeping it at a healthy minimum will help your credit score rating. Set personal and financial goals for your savings.
Family Balance Sheet
MAY 27, 2015
Today’s Debt Free Story is from Olivia. We are both planners and despise wasting money on debt/interest, which is what led us to pay off our mortgage as soon as we could! How much debt did you pay off? What kind of debt was it? We paid off a total of $118,000 debt. He does not do car payments.
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