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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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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. Quitting my job is one of the things being debt free has enabled us to do.

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Top Tips for Strengthening Your Money Mojo

Prairie Eco-Thrifter

That last point is a particularly worthwhile goal as worrying about money is a unique brand of distressing. There are lots of great sites, such as this one, that offer great tips on making budgets for all types of people and goals. Get Specific with Goals. You need to flesh out this goal into much more specific ones.

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Eight Things I Learned After Becoming a Millionaire

Prairie Eco-Thrifter

Well, we made it and here are some of the surprising things I found out about having a few millions. Setting goals and reaching them continues to be enriching and satisfying to me. You don’t have to contend with deciding which bill to pay or how to avoid a debt collector’s call or trying to keep the landlord off your back.

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

Penny Pinchin' Mom

Emergencies constitute things like: Job loss Medical emergencies Accidents Unplanned large purchases (necessary large purchases) Natural disaster expenses You absolutely need to have this money set aside somewhere it can be easily accessed but also not within your day-to-day reach.

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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.