Here's What to Do if Your Student Loans Have been Forgiven
The Personal Finance Podcast
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How Much Should You Build an Emergency Fund?
If you don't have an emergency fund at all, the next thing to do is get those dollars into an emergency fund. This actually comes before even ding the high interest debt. The true form of emergency fund should be protecting you if you lose your job. For example, out of the blue, my wife's car just had an air conditioner issue. That's coming right out of the emergency fund to be able to pay that. If we did not have that, there ould be a very stressful event. But since we have the money, just there is completely stress free when it comes to your finances.
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