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

Family Balance Sheet

We have a 5 year old son and are in the process of adopting our 2 year old and 4 month old foster sons, making us parents of 3 boys! My husband works as an architect and I teach art part time at my son’s school. It took us two years of my husband working full-time at his job and then using every other second to work on the house.

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

Family Balance Sheet

The only debt we had was a mortgage – however when we first got married we were stupid and bought a Mercedes. We ended up using my remaining collage savings to pay that off. What inspired you to get debt free? What are the top 3 – 5 ways you found money to put towards debt. Hahahahaha!

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