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

Penny Pinchin' Mom

Advantages of Paying Off Debt From a purely financial point of view, it makes more sense to focus on debt payoff rather than directing available cash to a savings account. From a personal point of view, I much prefer living debt free.

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Find out How Acadia & Her Husband Paid off $97,000 in Student Loans

Family Balance Sheet

This is a huge celebration for us in living debt free! What habits did you form while being debt free that will now stick with you for the long term? We do not live with access stuff, but spend our time and money creating memories with our family. My husband and I now go out together once a week.

Student 100
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P.E.P. for the Week of February 14-18/11-Planning Edition

Prairie Eco-Thrifter

Canadian Finance Blog tells us why living debt free doesn’t help our credit score. Sure they set a good example but I don’t remember having any sit down talks about the subject. I have never owed that much on a credit card but I have had issues with paying them off in the past.

February 113