Job Loss, Personal Finance and Process

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

Penny Pinchin' Mom

DECEMBER 17, 2023

I would recommend that you have at least six months to a year’s worth of your monthly expenses saved in the event of a job loss or an unexpected emergency. On the other hand, if your savings are depleted in the process, you may end up with more credit card debt if you are hit with unplanned expenses.

Pay Off Debt

Pay Off Debt Debt Emergency Fund Financial Goals

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

Family Balance Sheet

APRIL 12, 2016

I work in Finance/Accounting for a large corporation but I have also started a company called Every Single Dollar , which focuses on personal finance for single women. Also, you have to be patient in the payoff process. How much debt did you pay off? I had planned to pay it all off in 2.5 Was there a particular event?

Credit Cards

Credit Cards Debt Debt Free Student

Frugal Focus

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

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

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