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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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Where we found money in April

Family Balance Sheet

Finding extra money is a game for me. Over the years, I have found money through rebates, refunds, online sales, and even the ground. I have used the extra money to pay off debt, fund family trips, or build up our Christmas savings. My total found money in April: $715.62.

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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. Nicole from Nicole and Maggie: Grumpy Rumblings of the Untenured tells her story about giving Self Serving Donations. Big Cajun Man from THE Canadian Personal Finance Site asks What is Your Financial Plan B? If we make effort we will succeed.

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

Family Balance Sheet

Include anything that you’d like to add to give the reader an idea about your personality. What inspired you to get debt free? That inspired me to be intentional with my finances and to follow Dave’s six steps. Did you follow a particular debt freedom plan or book, such as Dave Ramsey or Debt-Proof Living?

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5 Steps to CRUSH Debt + FREE Debt Payoff Goal Tracker

Family Balance Sheet

Did you make a goal to pay off debt this year? For many years, we made a yearly goal to chip away at our six figures of non-mortgage debt. It took us years to pay it all off, but we achieved it in 2019. Your first assignment: Take the first step and calculate your debts by using my FREE Family Balance Sheet.

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Meet Amanda & Daniel. They Paid Off $68,000 in Debt in 8 Months.

Family Balance Sheet

Together they blog about becoming debt free and location independence in order to serve the world at Life with a Mission. Include anything that you’d like to add to give the reader an idea about your personality. We realized that we wanted to travel as a family and the only thing keeping us from seeing the world was money.

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

Family Balance Sheet

She blogs at The Debt Myth. Include anything that you’d like to add to give the reader an idea about your personality. 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.

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