The Age Old Question: Should You Pay Off Debt or Save?
Penny Pinchin' Mom
DECEMBER 17, 2023
If there is such a clause, you should compare the amount payable to what you are about to save from interest to determine if paying off the debt is an overall gain or loss. Advantages of Saving Despite Debts Building an Emergency Fund Building an emergency savings fund is the top reason to make saving a priority over paying down debt.
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