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Living Debt Free Pay Off Debt Emergency Fund Financial Goals Debt Free Savings Account Personal Finance Debt Finance Credit Cards More Related Topics >

The Age Old Question: Should You Pay Off Debt or Save?

Penny Pinchin' Mom

DECEMBER 17, 2023

From a personal point of view, I much prefer living debt free. 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.

Pay Off Debt

Pay Off Debt Debt Emergency Fund Financial Goals

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