Madison MoneySports - Personal Finance Thread

[Sijray21]

I have about 10k left in student loans but still need to get my emergency savings up to the three month mark. Would you smart money guys recommend I prioritize student loans and take advantage of the 0 interest thing til year end or focus on emergency savings? My gut says emergency savings as its insurance against going back into debt but having my entire payment go to principal on my loans is hard to overlook.

In this order:
- high interest debt
- emergency savings
- low interest debt
- home improvement

yeah, this.

home improvement (not to be confused with necessary repairs) should be last, for sure. i also don't classify a mortgage under low interest debt; it's in a category all on its own and i've done home improvement (cash) obviously without having my mortgage paid off since i'm still doing that.