

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%?”
“Thank you so much for the video! Do you think a Cash ISA is good for an emergency fund?”
“Awesome video, thanks for the matrix Sim 🤩”
“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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