Story thread · 9 reports / 9 sources

Emergency fund vs. paying off debt: Which comes first?

krdo.com · 4hShare

After paying your bill and making your minimum debt payments every month, you’ve got a limited amount of money left and two things competing for it. Save that money in an emergency fund, and you’re building protection while your balances keep accruing interest. Put it toward extra payments on your debt, and you’re making real The post Emergency fund vs. paying off debt: Which comes first? appeared first on KRDO .

First report: I'm 41 and plan to retire at 65. My first step was paying off over $55,000 in credit card debt — here's how I did it. — businessinsider.com, 2d