Why should you payoff debt and save together?

12/08/2022 33 min Episodio 82
Why should you payoff debt and save together?

Listen "Why should you payoff debt and save together?"

Episode Synopsis

Investing while paying off debtUtilize the 50/30/20 Budget 50/30/20 budget divides your take-home income into suggested spending in three categories: 50% of net pay for needs, 30% for wants and 20% for savings and debt repaymentFor a more aggressive debt payoff budget you may want to use the 50/10/40 Budget dividing your take-home income into suggested spending in three categories: 50% of net pay for needs, 10% for wants and 40% for savings and debt repayment.Brief Background on Host:Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $500,000 in her retirement accounts beyond her pension. Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram: @stayingintheblk