I recently joined the community. I have 24K debt. 4K in savings, and recently accepted a life-changing job offer. I have intentionally educated myself on stocks, investing, etc., but I still have much to learn. I am now in a position where I can live off 45% of my income, but I have a few questions.
- Does this community recommend the snowball method when paying off debt? ( I am not a fan, as I think you should have more than 1k saved)
- Is the recommendation to start with an EFT if you’re 45? If so, how can I find the correct symbols for fidelity?
- Apologies if I missed this, as I only completed the free intro video. How much emergency savings does the community recommend?