Comments on: Great Debates: Debt Repayment vs. Emergency Funds http://www.theamateurfinancier.com/blog/great-debates-debt-repayment-vs-emergency-funds/ Thoughts on Money, Investing and Life Thu, 09 Feb 2012 04:45:50 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Roger http://www.theamateurfinancier.com/blog/great-debates-debt-repayment-vs-emergency-funds/#comment-97 Roger Sat, 25 Apr 2009 06:00:19 +0000 http://www.theamateurfinancier.com/blog/?p=332#comment-97 Heh, like all arguments in the PF world, both sides have their points. That's what makes it a great debate; unlike the widely agreed upon suggestions (like, it's best to pay off your credit cards in full each month), there are good, valid reasons to take both approaches. I do agree on Smarty Pig; it would be downright perfect for emergency funds if you didn't have to finagle the settings to have it automatically take out the right amount of money each month (and honestly, I've always had to close the accounts before the scheduled ending time, so I don't know what happens when it reaches the goal time). If you don't mind playing with it a bit, it works pretty well, but it could be easier... Heh, like all arguments in the PF world, both sides have their points. That’s what makes it a great debate; unlike the widely agreed upon suggestions (like, it’s best to pay off your credit cards in full each month), there are good, valid reasons to take both approaches.

I do agree on Smarty Pig; it would be downright perfect for emergency funds if you didn’t have to finagle the settings to have it automatically take out the right amount of money each month (and honestly, I’ve always had to close the accounts before the scheduled ending time, so I don’t know what happens when it reaches the goal time). If you don’t mind playing with it a bit, it works pretty well, but it could be easier…

]]> By: MLR http://www.theamateurfinancier.com/blog/great-debates-debt-repayment-vs-emergency-funds/#comment-94 MLR Fri, 24 Apr 2009 05:27:21 +0000 http://www.theamateurfinancier.com/blog/?p=332#comment-94 A great debate indeed! The only thing I don't like about Smarty Big is that you have to set a goal. I would like to just have an account for the interest rates but you can't :(! A great debate indeed!

The only thing I don’t like about Smarty Big is that you have to set a goal.

I would like to just have an account for the interest rates but you can’t :( !

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