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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. It’s a question of how to ensure the gains outweigh the losses.

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Shannon & Her Husband Paid off $22,000 in 9 Months

Family Balance Sheet

Today’s Debt Free Story is from Shannon. What do you and your spouse do for a living? I’m Shannon Brown, and I’m a crunchy Christian mama blessed to live in beautiful North Idaho. Read more about Shannon’s debt free journey. What inspired you to get debt free?

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Find out how Anna paid off $23,605 in college, personal loans, and credit cards.

Family Balance Sheet

Today’s Debt Free Story is from Anna. She is on a mission to help others become debt free. She writes at her personal finance website, And Then We Saved. What do you and your spouse do for a living? . What inspired you to get debt free? If married, who initiated the debt free goal?

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

Family Balance Sheet

Today’s Debt Free Story is from Acadia. She writes about simple living, parenting and her family’s foster story at Fostering Simplicity. What do you and your spouse do for a living? What inspired you to get debt free? We live beneath our means. If married, who initiated the debt free goal?

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

Prairie Eco-Thrifter

How to Save Money shares the best price comparison sites in Canada. Canadian Finance Blog tells us why living debt free doesn’t help our credit score. KNS Financial – Free Tax Software. Life and My Finances shares with us how to keep moving expenses low. The key is we must pay it off regularly.

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Meet Stacy. She and her husband paid off $20,000 in 8 Months.

Family Balance Sheet

Today’s debt free story is from Stacy. She shares delicious recipes, money saving tips and frugal living posts at her blog, Stacy Makes Cents. What do you and your spouse do for a living? How much debt did you pay off? What kind of debt was it? What inspired you to get debt free?

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