Penny Pinchin' Mom

DECEMBER 17, 2023

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.

Pay Off Debt 52

Pay Off Debt Debt Emergency Fund Financial Goals 52

Family Balance Sheet

FEBRUARY 4, 2015

Read more about Shannon’s debt free journey. What inspired you to get debt free? In January 2013 there was a blog post on Keeper of the Home that first awakened me to the concept of living debt free. We were living on one income that placed us just at the top of lower class income level.

Debt Free 100

Debt Free Debt Financial Goals Budgeting 100

Family Balance Sheet

APRIL 19, 2016

Once I started getting out of debt I read Your Money or Your Life and it changed my whole outlook on money. What are the top 3 – 5 ways you found money to put towards debt. I sold old stuff I no longer used/wanted. If married, who initiated the debt free goal? Highly recommend it!

Credit Cards 100

Credit Cards Debt Free College Debt 100

Family Balance Sheet

JULY 2, 2015

However, with my husband being an architect and an overall really handy guy, we decided that fixing up the house and selling it could give us enough profit to at least pay off a big chunk of our debt. 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.

Student 100

Student Debt Debt Free Finds 100

Prairie Eco-Thrifter

FEBRUARY 18, 2011

Personal Finance by the Book tells us how negotiating can put us on top. I have used this tactic in the past and it really does work. Get Rich Slowly tells us how we can cheat on our taxes legally. I don’t know about you but I am always up for saving some money anywhere I can. Reducing Debt.

February 113

February Debt Finance Personal Finance 113

Family Balance Sheet

JANUARY 7, 2015

We were debt free before I was 30 , including our home. 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. And it saves on gas too. We quit when we were paying off debt.

Debt Free 100

Debt Free Debt Budgeting Budget 100