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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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My Life Plan

Family Balance Sheet

And while we have a lot of work ahead of us, we keep moving forward. Our Financial Goals: Pay off our non-mortgage debt. Increase our emergency fund to 6 months of expenses. Contribute to our retirement funds. Start saving for college. Pay off our mortgage debt. Volunteer more at the local food bank.

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Shannon & Her Husband Paid off $22,000 in 9 Months

Family Balance Sheet

I’m Shannon Brown, and I’m a crunchy Christian mama blessed to live in beautiful North Idaho. He now works as an architect, and I do some freelance from home now that we have kids. Read more about Shannon’s debt free journey. What inspired you to get debt free? Then the real work began!

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