Emergency fund vs. Debt payoff

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  • ZaSa1418
    ZaSa1418 Posts: 651 Forumite
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    fantastic news, well done :) 
    LBM Debt Total : £48,326.50

    Pay All Your Debt Off By Xmas 2023 - #50  £1,495.29 / £12,000.00
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  • greensalad
    greensalad Posts: 2,530 Forumite
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    Pay off OD, then Loan, as they are costing you money. If you're confident you can get another 0% deal then save a small emergency fund (1-2 months of outgoings), then pay off one 0% card, then save more EF (so you have, say, 3 months), then the other card. That's what I'd do.
  • enthusiasticsaver
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    Good to hear you are doing so well.  Building an emergency fund is essential when debt busting as you say it stops you turning to credit. 
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