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A10. Becoming financially resilient is vital to your overall financial health and success. You can become financially resilient by taking an active role in understanding your finances, setting goals, and establishing a plan to achieve those goals. #CreditChat#ASW2022
@Experian A10: Prioritize paying down debt, especially high interest debt, in addition to prioritizing emergency savings. When you’ve paid off your debt, allocate the money that were going to your debt payments to emergency savings or retirement. #CreditChat
A9. Emergency savings help to ensure that you can navigate a financial setback without consequence to your overall financial health. You can learn more about emergency savings in this article from Ask Experian: https://t.co/0YcHm0LPR1 #CreditChat#ASW2022
A9: The more money you have saved for rainy days, the less debt you’ll need to bail yourself out of as you recover from an unexpected life event or emergency. #CreditChat#ASW2022
A8. In most cases, during a volatile stock market the answer is often to wait for it to even out. This is especially true if you aren’t close to retirement age. #ASW2022#Save2Retire#CreditChat (1/2)