The Emergency Fund; Why This Comes Before Paying Off Debt
Why building a cash cushion first is the move most people skip and why it matters
When you’re carrying debt, the instinct is to throw every extra dollar at it.
Pay it off faster, get out from under it, feel free.
It makes sense but there’s a step that comes before debt payoff that most financial plans skip and skipping it is exactly why so many people end up right back where they started.
An emergency fund isn’t the opposite of a debt payoff plan. It’s the foundation that makes the plan actually work.
Without a cushion, one unexpected expense such as a car repair, a dental bill, a rough month, sends you straight back to the credit card. With a cushion, it’s just an inconvenience.
In my latest email, I walk through:
• why the emergency fund comes before debt payoff (not after)
• how much you actually need to start … and it’s less than you think
• where to keep it so it’s accessible but not tempting
• how to build it gradually without stalling your other financial goals
If you’d like the full breakdown and more thoughtful money insights like this, you can join my email list below.
