Which do you pay into as a priority? If one has a 3 month emergency fund, but has limited funds to apply to debt and retirement; what does one pay into as a priority? Does one pay into one’s retirement or lowering one’s debt?
Thanks for sharing
You should simultaneously pay down debt while at least trying to meet the employer match at your job if you have a 401k if not more money in that. With that being said pay down your highest interest debt while saving.
Pay off debt as soon as possible as well as save for retirement.
You should try and do both. Although it’s highly important to decrease balances that have high interest rates, it’s equally important to have money in investment accounts for as long as possible.
