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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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Learning to Save & Pay Off Debt | Guest Post

Saving Cents With Sense

I was raised with frugal parents that tried to install in me proper money management and even though I always paid off everything on time, I never managed to save money. Then more than a year ago something in me changed after a health scare and I realized that it’s important to pay off debt and save more than ever.

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5 Steps to CRUSH Debt + FREE Debt Payoff Goal Tracker

Family Balance Sheet

Did you make a goal to pay off debt this year? For many years, we made a yearly goal to chip away at our six figures of non-mortgage debt. It took us years to pay it all off, but we achieved it in 2019. This list became our personal Debt Freedom Plan. Paying off debt is not fun, in fact, it sucks!

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Money Matters: How to Prepare Your Finances for a Recession

Motherhood Moments

Prepare by paying off debt. Hatch a plan to tackle your debt, particularly high-interest balances, to help you free up more cash. Consider strategies such as the debt snowball or avalanche methods or explore credit counseling to get a personalized action plan to attack your debt.

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Remember, Slow and Steady Wins the Race

Prairie Eco-Thrifter

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? I started making smaller consistent payments that I could afford month after month and before I knew it my debt was gone.

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Where we found money in March 2021

Family Balance Sheet

I have used the extra money to pay off debt, fund family trips, or build up our Christmas savings. Over the years, I have found money through rebates, refunds, online sales, and even the ground. Yep, I found a $20 bill while running on the beach! January and February were stellar months with finding money.

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Where I found money in February

Family Balance Sheet

I have used the extra money to pay off debt, fund family trips, or build up our Christmas savings. Over the years, I have found money through rebates, refunds, online sales, and even the ground. Yep, I found a $20 bill on a morning run at the beach!

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