Tag: Payoff debt
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Debt Payoff
Debt payoff is an important step in any financial plan, but depending on what type of debt you have and how much debt you have will determine where it makes sense to prioritize debt payoff in your financial plan. Types of Debt Debt can be categorized a number of different ways, but for our purposes,… Read more
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Hierarchy of Savings
With financial planning, as with many things, you want to get the biggest ‘bang for your buck’! So, the idea behind the hierarchy of savings is that, at any point in time, you may not have enough ‘extra’ money after covering your monthly expenses to touch on all the possible savings avenues, so which should… Read more