Emergency Fund Pay Off Debt Saving Work 
Penny Pinchin' Mom
DECEMBER 17, 2023
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? You are one emergency short of losing track of your finances. Should you pay off debt or save?
Motherhood Moments
JANUARY 18, 2023
An emergency fund is vital regardless of the larger economic climate. But in a recession, you’ll want to consider padding your existing savings — especially due to recent inflation that has pushed the cost of living higher. Generally, you want to aim for an emergency fund of three to six months of expenses.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Family Balance Sheet
APRIL 9, 2021
After the FPU class, we looked at our debts differently. Becoming debt-free became very appealing and the idea of being able to give more, save more, and live more was the direction we wanted to go. Dave Ramsey has a plan and it has worked for millions of people. Our Debt Freedom Plan – written in 2013.
Family Balance Sheet
NOVEMBER 5, 2014
He took all of our financial information and put together a plan for us to get out of debt as fast as possible. What are the top 3 – 5 ways you found money to put towards debt. Because we wanted to get out of debt as fast as possible, we stopped saving money after we had an emergency fund in place.
Family Balance Sheet
OCTOBER 18, 2019
Happy New Year’s 2019: In January 2019, we were down to one final non-mortgage loan, so we created just one financial goal for the year—-to pay off that last non-mortgage debt by December. Our Debt Freedom Plan (October 2019 Update): Exact numbers have been omitted at this time. DONE – 6/1/2014. DONE 2015.
Family Balance Sheet
AUGUST 11, 2016
You work until you are 65 and then retire. And in adulthood, they are stashing their incomes and living hyper-frugally to save for early retirement, instead of waiting to 65 to fulfill their dreams. Work for the same company for 35+ years. This leaves not much left to save for retirement. Go to school. It is a lot.
Family Balance Sheet
SEPTEMBER 9, 2014
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?
Expert insights. Personalized for you.
52 
Let's personalize your content