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The Age Old Question: Should You Pay Off Debt or Save?

Penny Pinchin' Mom

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. Doing this actually gave me the peace of mind that I needed to focus on my financial goals.

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Small Money Mistakes That Have Big Consequences

Prairie Eco-Thrifter

I’m sure everyone can name many little things that have more meaning than a big event in their lives. The same can be said about finances – it is often the little things you do, the small actions you take, that have the biggest impact on your financial security, both in the present and in the future.

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

Family Balance Sheet

We also went through multiple job losses, surgeries, huge car repairs, etc. Was there a particular event? We actually talk about money and our short- and long-term financial goals a lot, but not so much about spending. What are your financial goals now? We hit everywhere in between.

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Find out how Jessica paid off $56,000 of student loans, credit cards, and a car loan.

Family Balance Sheet

It took me five years to pay off my debt but two of those years I had a job loss, I was taking care of my grandparents and I had lost my motivation and drive to pay off the debt. Was there a particular event? What are your financial goals now? My next big hairy audacious goal is to buy a home with cash!