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Ask Paula: Should I Pull Money from My Emergency Fund to Invest or Pay Off Debt?

Afford Anything

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What Is Your Strategy for Building a Home?

We're not sure, neither paula nor i are sure, if this math actually works, but it definitely makes the math easy at a lower interest rate and gives you access to more funds. It still doesn't seem like enough money to me though. Like, let's she ok, so she's got 210 thousand dollars in equity on the primary residence. Let's assume that she can borrow 80 % of that, right? So that's a hundred and 68 thousand dollars. She's got forty thousand dollars in cash right now. And maybe what she's thinking then maybe that's her strategy around running out the primary residence as well. But then, once again, she said that was

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