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Money and Finances
Reply to "emergency savings vs. debt"
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[quote=Anonymous]Op here again? Or would you split the $3k monthly a. Put 1/3 in emergency fund (until what number?) b. Put 1/3 in debt? c. Put 1/3 in retirement? I understand this way of doing things, but I feel this also delays our debt payoff from 3 years for.. what? 7 more years? In the meantime we’re only able to be so aggressive because we’re not doing d. Travel fund I can wait 2-3 years to postpone fun. I can’t wait 7 years to postpone travel. We have young elementary kids. Would they be in 9th grade before we take them anywhere?[/quote]
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