3 ms·
Wouldn't save 20% of your income cover that? It's just a management detail after that (i.e. leave some of that 20% liquid for emergencies).
by solarmist 13y ago
Wouldn't save 20% of your income cover that? It's just a management detail after that (i.e. leave some of that 20% liquid for emergencies).
- humanrebar 13y agoI said you should have enough liquidity to get you through a year-long crisis. If you're saving 20% of your income, you're probably. However, unless you have especially nasty rates on student loans, paying them off shouldn't come before accumulating some fairly liquid savings. The same probably goes for paying extra on the principal on your mortgage and maxing out retirement plans.
- solarmist 13y agoI was going exclusively by what was on the notecard. :)