Question

I just got my federal tax return this morning, yay!  I’ve been thinking though. I was originally going to use all of it to pay towards debt. However, I really want to save it for emergencies. Should I save $113. 30 to have $1, 000 in my checking, or should I use it towards debt? (I don’t have a savings account. Instead I have two checking accounts. Two separate banks, paycheck does not go in this account. this works for me better than a savings account)

Answer 1

I would complete the $1000 and the rest to debt!  

Answer 2

Finishe funding your $1000 EF and send the rest to debt.  

Answer 3

Complete your EF, then rest to debt.  

Answer 4

Save that lil bit and throw the rest at debt!