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How Much Do You Need In Savings Before Paying off Debt

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The Organized Money

Hey Guys! How much do you need in your starter emergency fund? We know financial experts say that you need 36 months of income in your full emergency fund, but how much do we need in savings when you start your debt payoff journey. In this video, we are diving into different things that you need to review in order to decide on how much you need to have saved before you start your debt free journey.

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Chapters:
0:00 Introduction
1:30 Step #1
1:54 Step #2
2:12 Step #3
2:21 Step #4
2:40 Step #5
3:04 Step #6
3:10 Step #7
3:23 Step #8
3:43 Step #9
3:59 Step #10
4:14 Step #11
4:20 Compute the numbers

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ABOUT ME

I’m Alaina.

I’m an author, speaker, financial educator, Etsy shop owner and YouTuber. I love to share videos on organizing your money, mind, and life.

What else?! I am a wife and mother of 2 girls. I love reading and planning! I hope my videos help you on your financial journey.

*Some affiliate links are used, which means I may receive a commission should you decide to click that link and make a purchase. My content is 100% not influenced by brands, PR products received, usage of affiliate links, or brand partners
@theorganizedmoney

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