So while the general rule of thumb is to have three to six months' worth of savings set aside before conquering debt, remember that interest will cost you in the meantime. While building an ...

Learn how to get out of debt in 2025 by following these four steps, starting with knowing what you owe and committing to a debt payoff strategy.

But when the choice is between prioritizing building an emergency fund or paying off credit card debt, you're much better off with the latter, argues Sanborn Lawrence. Sure, there's risk ...