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Jeremy has been out of school for two years, has a good job, and recently got a raise. He is excited about investing and always puts part of his check into savings. Although he has $6,500 in debt left to pay, he is making more than the minimum payments and should be debt-free in 15 months. Based on the steps in financial planning, which of the following actions should Jeremy prioritize? - Baby Step 1: Get $1,000 into the bank as an emergency fund. - Baby Step 2: Work the debt snowball by focusing on paying off debt. - Baby Step 3: Finish building the emergency fund. - Baby Step 4: Start investing while still having debt.
Sagot :
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