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Episode 179: How to Retire Early and Manage Debt with YourRichBFF, Vivian Tu

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How to Manage Your Personal Finance

It's really important for everybody to have three to six months of livin expenses in a high yild savings account as an emergency fund, like a true emergency fund. I recommend paying down any high interest rate debt first and foremost. You want to get that out of the way. This is largely credit car debt,. High interest rate debt, in my mind at least, is anything above seven %. If one more bad thing happens, you are going to be in a worse situation if you don't have that two. And ask someone whos finance specialist, now, i'm sure all our listeners are wondering, what are some guiding principles that you use for your own personal finances.

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