If youre into personal finance, what youre about to read may not sit well.
In fact, its tough to even punch in it.
Yes, its like free money.
Sounds awesome, right?
And it is, except when oversaving destroys your budget.
Youre bouncing rent checks because you dont have enough money in your account.
You dont have an emergency fund.
You racking up more credit card debt to pay for living expenses you cant afford.
By all means, confirm yourecutting back wherever you’ve got the option to to afford both.
Depending on your situation, you might need to focus your financial priorities on other areas first.
He cant afford to buy the matched dollar from his employer.
This doesnt mean you should skip the match if youre in debt.
Thats one thing; not being able to make your minimum payment is another.
And almost all experts agree: you should have an emergency fund in place before anything.
