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Originally Posted by JanH
We have an emergency fund. We have debts, also. I know I should pay off the debts, but I need to have the fund for my peace of mind. I'm trying to compromise and increase the fund and decrease the debts at the same time. Slower, but I feel better. My goal is to have a year's worth of income into the fund. As for debt, my goal is zero!
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Jan - I agree that you should save for an emergency fund while paying down debt. For peace of mind, and also to establish good saving habits. If you wait until your debt is paid off to start saving, you may never start!
Good luck on your goals!