Want to know the quickest way to making more money? Free up money that is tied up each month to pay off debt.
Just like how we are constantly bombarded with online shopping deals, there is no shortage of investing promotions either.
A 401K contribution that is matched takes precedence over paying off student loans and even saving. Why? Because it is free money.
Saving to save is a scarcity mindset and is different than an emergency fund (below). Every dollar should work for you at all times.
While saving just to save is not the best use of your money, creating an emergency fund isn’t a bad idea.