Survey: pay or save?

[little_miss_sunshine]

@scooper8 Tip: You aren't saving if you're not paying off debt.

Save money in an EF, but your priority is to clear debt as much as you can as fast as you can.

 

[aflynn]

@scooper8 Clear your debt. That's rule number 1.

 

[windamere]

@scooper8 A. be debt free in 6 months and Grow your savings/investment for the next 1.5years and after that 1.5years keep going.

 

[kekeli]

@scooper8 For me, ako kasi ung type na ayaw ko na yung feeling slick and smart kasi di naman ako ganun mga leverage hedge hedge. Im “old school” or simple minded. Utang is utang pay it off to move forward.

Ganun din magpatakbo ng business - I try to operate with zero debt - sobrang buti na lang during pandemic or else mental health ko wala na.

 

[archerjenner]

@scooper8 Tapusin debt. Then savings na. Otherwise illusion lang yung savings kasi may debt pa.

 

[medic85573]

@scooper8 Ayoko talaga ng may utang so babayaran ko agad. No need na isang bagsakan

 

[crystaljos]

@scooper8 pay

 

[menon]

@scooper8 If with EF, A. If without, EF, and A, then invest

 

[messengeroftruth]

@menon What? Invest while in debt at walang EF? Tapos malugi investment mo? That will the worst outcome.

 

[menon]

@messengeroftruth No. Kung may EF sila, pay all debts kahit walang investment. Kung walang EF, sabayin ang pagbuild ng EF with debt payment, ignore investments

 

[jersoom]

@scooper8 A! Always prioritize to pay debt first then save little. Kesa mabaon sa laki ng interes

 

[kjvbiblebeliever]

@scooper8 i value my peace. i will pay muna. pero tama yung isang comment, kung hindi naman nagbabago interest kung now or next 2yrs babayaran, i will pay it monthly.

 

[homala]

@scooper8 PAY.
Always pay before saving / investing.
But to each his own.

 

[anotherpaul]

@scooper8 Kung di mo naman ramdam ung monthly payment ng debt wag na muna. Save ka nalang.

 

[blessed2berosie]

@scooper8 Magtira ka savibg wag mo ibayad lahat kasi mahirap pag wala cash on hand as long as nababayaran mo naman

 

[lilyanna]

@scooper8 Oh my, I remember Anchor Protocol’s LTV

 

[cozimokid]

@scooper8 A. mabilis lang naman yung 6 months. Di mo yan mamamalayan na patapos mo na pala bayaran utang mo. Kesa patagalin mo ng 2 yrs tas di ka naman makakatulog for 2 yrs ng di mo maiisip yung debt mo.

 

[lilolme2]

@scooper8 Settle your debts first.