We have about $3000 readily available in a money market account as an emergency fund. Should we continue to build that up on a monthly basis, along with our 401K's and kids college funds or should we for go contributions temporarily to pay down the debt faster?
Stopping our contributions makes me a little nervous but it seems like it might be a good idea to make things move a little faster
Question:
September 10th, 2009 at 03:37 am
September 10th, 2009 at 12:39 pm 1252586356
But I don't know the details of the debt or what you're getting for your 401(k), so I can't say for sure which is the best way.
Just the same, I don't think you can go too far wrong continuing to build your emergency fund.