The Age Old Question: Should You Pay Off Debt or Save?
Penny Pinchin' Mom
DECEMBER 17, 2023
I would recommend that you have at least six months to a year’s worth of your monthly expenses saved in the event of a job loss or an unexpected emergency. It’s a question of how to ensure the gains outweigh the losses. When the debts are too expensive, they might prevent you from making any headway with the savings.
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