And boy does it feel good. After reading more heavily about emergency funds and retirement accounts (401k/IRA's) the past week, I decided to take the plunge. I told myself this year I would be paying down my debt to set up myself for a home purchase in the near future. And this is another big step towards financial freedom.
I started the aggressive pay off of my debt with my tax refund last month, and now followed by this. Luckily, I still have about 5-6 months worth of expenses set aside.
After realizing how much interest on a high balance incapacitates your ability to made headway, I said screw it. There's no point of having a big savings account balance if a big portion of its worth is owed to creditors.
What a good way to start the weekend :)
Submitted March 15, 2019 at 11:28AM by Hurricane_Ivan https://ift.tt/2TbiEV6
