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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. What gives?

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

Family Balance Sheet

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. Include anything that you’d like to add to give the reader an idea about your personality.

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Small Money Mistakes That Have Big Consequences

Prairie Eco-Thrifter

A budget gives it to you plain and simple – the good, the bad and the ugly. Increasing your credit card limit is really increasing your debt, or at least your exposure to debt, so say ’No!’ Ignoring Your Debt Debt is not just going to go away, you must handle it and work to whittle it away.

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10 Things To Do When You Lose Your Job

Prairie Eco-Thrifter

You could try bartering services such as mowing someone’s lawn in exchange for fruit and vegetables from their garden; look for wild fruit and vegetables growing around your local area; some businesses such as bakeries give away day old bread and some greengrocers give away boxes of fruit and veg that are not at their best any more.

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Top Tips for Strengthening Your Money Mojo

Prairie Eco-Thrifter

It makes us think of sacrifice, giving up all the fun stuff and obsessing over every dollar we spend. And for this reason, we tend to avoid making them, or we give it a go and quickly abandon it. That will create order in your mind; it will give you focus, and make you much more likely to take effective actions over the long-term.

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Managing Family Finances: Tips and Strategies for a Better Financial Future

Penny Pinchin' Mom

By that, I mean you have created a weekly, monthly, and even annual budget, or you’ve taken the time to go through my Financial Reboot Course to give yourself an excellent chance to reign in your finances. Let’s assume that, like me, you’ve done everything necessary to streamline your spending.

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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. How much debt did you pay off? What kind of debt was it? I had $56,000 of debt when I decided to become debt free. What inspired you to get debt free? The inspiration to pay off my debt was watching my grandmother balance her checkbook.