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The El Paso

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

Emergency fund vs. paying off debt: Which comes first?
Photo: KVIA ABC-7 · view original

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 you...

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