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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? What gives? Should you pay off debt or save?

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How to Achieve Your Financial Goals (tips from the achievers)

Family Balance Sheet

Wonder what sets you apart from the people that seem to crush their financial goals? They pay off mountains of debt and scream about debt freedom, or maybe they save gobs of money in a record amount of time, or they have considerable success with their new small business. Make a commitment. . Be S.M.A.R.T.

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2019 Debt Freedom Plan Update

Family Balance Sheet

Updates on our Debt Freedom Plan over the years: Our Original Debt Freedom Plan – written in March 2014. Our 2019 Financial Goal. After years of scrimping and saving and not spending extra money on things, we have achieved the biggest financial goal we have ever set for ourselves in our 19 years of marriage.

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Remember, Slow and Steady Wins the Race

Prairie Eco-Thrifter

To reach any goals in your life, including your financial goals, you need to switch from the hare’s mindset to that of the tortoise. Ask yourself : Do you start saving or paying off debt with a superhuman resolve- determined to avoid all temptation- only to fall off the wagon and give up hope in a matter of a few days?

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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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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. We put any extra money that would come in toward our debt. What are your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt. Make paying off debt a priority.

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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 definitely spend a lot more money on eating out at restaurants and using babysitters now that we are debt free.

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