Keep an Emergency Fund to Stay Out of Debt

Debt is a viscous cycle. This is especially true if you have a lot of debt. Focusing on paying off debt is key to ending the cycle. However, if a new, surprise expense pops up out of no-where what can you do, other than pay for it with credit? If you’re up to your eyeballsContinue reading “Keep an Emergency Fund to Stay Out of Debt”

The Top 2 Ways to Prioritize Paying Off Debt

Paying off debt is one of the first things you should focus on before maximizing your savings in pursuit of financial independence. If you have a lot of different debts, what order should you pay them off? This questions has left many borrowers scratching their heads, however the large consensus agrees with 2 different approaches-Continue reading “The Top 2 Ways to Prioritize Paying Off Debt”