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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

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. I’m currently taking care of my debt one month at a time. Flash forward to current day – I run my own business as a freelancer and work full time.

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Money Matters: Brilliant Hacks to Consider Before Purchasing a New Home

Motherhood Moments

Learn How Mortgages Work and What You May Need to Pay Before you make a final decision on a house, it is important to understand how mortgages work and how much you may have to pay to land the property. The lower your credit score, the more you may end up paying monthly. Remember to be smart along the way.

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Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

Family Balance Sheet

About $52,000 of that $147K was consumer debt (credit cards, a student loan, a car loan, a home improvement loan, etc.) From start to finish it took us a very long time — I would guess 10 years. But it wasn’t a decade of nothing but paying off debt. Then my husband decided to pay off his car.

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Average Personal Loan Interest Rates

Savings Corner

These include: Your income is used to determine how much you can borrow. Your debt-to-income ratio helps lenders determine how much debt you already have compared to your income. Make sure to keep your credit score in the best shape possible and work on paying off debt to lower your debt-to-income ratio.

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Meet Doug & Laura. They Paid off $23,000 in 16 Months. | Debt Free Stories

Family Balance Sheet

We put any extra money that would come in toward our debt. What are your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt. Make paying off debt a priority. If you’re going to get serious about becoming debt free, you have to make that your first priority.

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Debt Consolidation Calculator | Bankrate

Savings Corner

How to use a debt consolidation calculator to control your debt It is easy to get overwhelmed with debt, but debt consolidation offers a solution. Bankrate’s debt consolidation calculator is designed to help you determine if debt consolidation is the right move for you.

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