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Wednesday, February 18, 2015

Debt vs. Retirement: How Much To Put Toward Each (@laurashin @forbes)

Another great article by Laura Shin, which this time focuses on what and how people should save based on their level of debt, and the financial goals they have.

Full article on Forbes

"The right balance between debt payments and savings contributions isn’t simply a matter of making a mathematical calculation. “It comes down to the different financial goals you have and what you have going on in your current situation,” says Bera.
Most importantly, don’t become paralyzed by the amount you owe or the complexity of the question. Instead, formulate as good a plan as you can, and automate it."
(Alex E. Proimos/Flickr)
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