Q: Pay Off Debt Or Save For Retirement? A: Both

Many experts suggest getting a start on retirement and then focusing the bulk of your money on high-interest debt.        

Topics:  debt   retirement   
  • Woman shares the simple saving plan that helped her pay off £16,000 debt and buy a fancy holiday
    any debt, and all those other things that need to get paid every month. It’s worth setting up an automatic transfer to your savings account, too, so the money you plan to save is already tucked ...
    09/21/2018 - 10:06 pm | View Link
  • Francis: 401(k) plans evolve to help young workers pay off student loans and save for retirement
    Student loan debt has a big impact on younger workers’ abilities to save for retirement. The EBRI survey shows that while employees with student loans are more likely to have access to a 401(k) plan, ...
    09/21/2018 - 5:40 am | View Link
  • Buy now, pay later — the new debt trap for millennials?
    “All of that is helpful if it encourages people to save, but I don’t think people are in debt just because they don’t understand how much they’re spending,” says Mr Tutton. “There are real structural ...
    09/20/2018 - 5:00 pm | View Link
  • Kansas City Docs Pay Off Medical Debt for 700 Patients
    “Debt forgiveness is one of the most comprehensive ways to address financial burdens in the healthcare system,” Katebi said. “Forgiveness can also save taxpayers money because unpaid medical debt is o...
    09/13/2018 - 8:01 am | View Link
  • 4 Ways to Pay Down Debt Fast
    By focusing on debt with the highest interest rate, you’ll save money on interest. Start by listing your debt from the highest interest rate to lowest. Pay more than the monthly minimum payment on you...
    09/13/2018 - 3:49 am | View Link
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  • The Money Saving Mom's Budget: Slash Your Spending, Pay ...
    The Money Saving Mom's Budget: Slash Your Spending, Pay Down Your Debt, Streamline Your Life, and Save Thousands a Year [Crystal Paine] on Amazon.com. *FREE* shipping on qualifying offers. From one of Nielsen’s top 50 power moms comes advice you can take to the bank—literally! Crystal Paine
    09/18/2018 - 8:52 pm | View Website
  • How to Pay Off Debt With a Low Income and Save for the Future
    Paying off debt should be a priority for everyone, but if you have a low income, paying off debt is crucial. It's harder to get out of debt when you don't make as much money, but not impossible. There are steps those with a low income can take to get out of debt for good and start saving for the future.
    09/17/2018 - 8:14 am | View Website
  • Should I Save or Pay Off Debt?
    Most of us have way more financial goals than cash to spare. So deciding what to do with an extra chunk of change can be a tough choice.
    09/17/2018 - 8:00 am | View Website
  • How Long to Pay Off Debt
    Use our debt payoff calculator to determine what different payment levels will do to the length of your debt, and to see how much you'd have to pay each month to pay off your debt in the timeframe you choose.
    09/16/2018 - 2:10 am | View Website
  • Should You Save for Retirement or Pay Down Credit Card Debt?
    11 thoughts on “ Should You Save for Retirement or Pay Down Credit Card Debt? Bethy @ Credit Karma March 12, 2012 at 2:12 PM. A balance transfer credit card can be a great way to pay down previously accumulated credit card debt interest-free.
    09/13/2018 - 11:25 am | View Website
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