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re: What to do with end of year bonus

Posted on 1/16/17 at 7:29 am to
Posted by RJSambola
Member since Jun 2012
319 posts
Posted on 1/16/17 at 7:29 am to
Why does he need 2 pools.

My thought is after you have your emergency fund it depends on your debt tolerance. There is a certain peice of mind knowing that you don't owe anyone. But is that worth missing out on time in the market?

But if you don't continue to take on more debt you could double down on savings post payoff. The fact is this plan rarely works as something always comes up.
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