It is often agreed upon by financial experts that you should have an emergency fund with 36 months of expenses. However, should you focus on paying down debt or saving? I will share the pros and cons of going allin on both.

As always, you should ideally have some cushion no matter where you are on your financial journey. However, there are consequences to neglecting saving just as there are consequences to ignoring your debt repayment plan.

The REAL Cost of a Car... hint, it's MILLIONS of Dollars!
   • The REAL Cost of a Car...hint, it's M...  

Other Suggested Videos:

Compound Interest Calculation | Investing $1 a day equals what?
   • Compound Interest Calculation | Inves...  

Growth Stock Mutual Funds Explained
   • What is a growth stock mutual fund?  

What is the NASDAQ? | NASDAQ Explained
   • What is the NASDAQ? | NASDAQ Explained  

For a quick tutorial on opening an account with Charles Schwab check out my video below.

Setup an investment account with Charles Schwab on your phone in under ten minutes!
   • Setup an investment account with Cha...  

Join along and subscribe to the channel and hit that bell so you can learn key principals to financial independence and wealth building. Dollar for Dollar is a channel of personal finance tips designed to help you achieve financial freedom. Please subscribe and share with friends and family to help them build a better future too!

✅ Recommended playlist on investing and retirement savings:
https://youtube.com/playlist?list=PLb...

Music and video editing provided by Splice Video Editor.

#dollarfordollar #investing #debtfree