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Ask Paula: Help! My Bills Are Too High

Afford Anything

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69 Thousand Dollars Emergency Fund - Is That Too Much?

The interest rate on rental property is so low that from an interest rate perspective, there's no reason to pay it off. She also talked about how she doesn't want to make a short term decision that will end up costing her more in the long run. While i think having a solid emergency fund is important, i think a hundred and 30 thousand dollars emergency fund is is too much.

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