So You’re Debt Free… Now What?February 22, 2016
Getting out of debt — be it credit card/consumer debt or student loans — can seem like the biggest financial hurdle of our lives, but what should we do after becoming debt free? How can we easily transition from owing money to having extra disposable income without sliding back into debt? On today’s episode, we cover the benefits of having a game plan prepared for life after debt.
Track your net worth.
Set up a 3-6 month emergency fund.
Educate yourself on investing.
- The Four Pillars of Investing | William J. Bernstein
- A Random Walk Down Wall Street | Burton G. Malkiel
- The 5 Mistakes Every Investor Makes and How to Avoid Them | Peter Mallouk
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