I'm doing my best at present to minimize
any extra debt I accumulate.
Not exact matches
Once you have paid off your
debt, establish an emergency reserve with the
extra savings you have and start to see your money
accumulate.
I have bought a house with a 35 year mortgage and I am not paying
extra on it because I have further
debts accumulated from the purchase.
You will first
accumulate enough money to cover immediate needs, then enough to begin paying off your
debt, and finally plenty of
extra for long - term investing.
Some people argue that instead of putting
extra money toward mortgage
debt reduction, people should invest those funds to
accumulate a larger nest egg.