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Reply to "What to do first? Debt vs Savings/Retirement"
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[quote=Anonymous]Standard advice: 1) build up liquid savings/emergency fund 2) contribute to 401(k) as much as is matched 3) pay off highest interest loan until it's gone, then repeat (while paying minimum on other accounts) You mention family money; if you could use that as emergency funds, I'd contribute to 401k up to the match, so you're not throwing away free money. [/quote]
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