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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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Money Matters: How to Prepare Your Finances for a Recession

Motherhood Moments

An emergency fund is vital regardless of the larger economic climate. Assess your emergency savings today and explore ways to bolster them through possible side hustles or gig work. Generally, you want to aim for an emergency fund of three to six months of expenses. Prepare by paying off debt.

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

Family Balance Sheet

What inspired you to get debt free? That inspired me to be intentional with my finances and to follow Dave’s six steps. 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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Create your debt freedom plan

Family Balance Sheet

Dave Ramsey has a plan and it has worked for millions of people. Our personal finances are so interwoven with our small business finances that we view them as one. Our personal finances are so interwoven with our small business finances that we view them as one. Our Debt Freedom Plan – written in 2013.

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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Hello and welcome to the 316th Carnival of Personal Finance- Family Edition. They are also there working with you to help you reach your goals; even those financial goals. Big Cajun Man from THE Canadian Personal Finance Site asks What is Your Financial Plan B? Andy from Saving to Invest discusses Happiness in Life and Work.

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Over 40 and Worried about Money? Start here!

Family Balance Sheet

You work until you are 65 and then retire. Work for the same company for 35+ years. Another friend chimed in, “we’ll never stop working, retirement isn’t possible.” But for our own safety net, we must make our finances a priority. Many are thinking outside the box. Go to school. ” I hear you.

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

Family Balance Sheet

About $52,000 of that $147K was consumer debt (credit cards, a student loan, a car loan, a home improvement loan, etc.) But it wasn’t a decade of nothing but paying off debt. When we first started we couldn’t have even conceived of becoming completely debt free. What inspired you to get debt free?

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