

Should I Invest, Pay Down Debt or Save?
This week, Sim breaks down exactly what to do when you come into a lump sum of money, from a $10,000 bonus to a $40,000 windfall, using her simple decision matrix. She covers the order of operations for tackling high interest debt, building a three to six month emergency fund, and deciding when to invest so you can…

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What people are saying
“So most homeowners wont invest unless the interest rate is lower than 5%?”
“Awesome video, thanks for the matrix Sim 🤩”
“Thank you so much for the video! Do you think a Cash ISA is good for an emergency fund?”
“I just want to add that if you are in your late 50s or 60s or retired, it is wise to have an emergency fund that is 2-3 years not 3-6 months. It will be much more difficult to find replacement income.”
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