#invest #debt #twins Today we are going to tell you if you should pay off your debt or if you should invest. We give you our thoughts on high interest credit card debt, long term debt, and how much money you should have in your emergency savings account. We also give you our POV when it comes to living paycheck to paycheck. We also give you our guidelines on how to use the extra money you have to continue to pay off debt while at the same time save money and invest for the future. We even give you the our views on how to pay off your credit card debt and then how you can started in investing online with little money with index funds and fractional shares. First guideline for splitting up extra money to pay off debt and invest while building up emergency savings. 50% = savings 30% = credit card debt 10% = other debt 10% = Invest We want you to have 9 months of emergency savings (emergency fund). After you have your emergency fund, here is the new guideline 60% credit card debt 20% other debt 10% savings 10% investing How to invest online with little money Option 1: Fidelity Index Fund Download our FREE MONEY SCORE CARD: https://www.wealthtwins.com/money-scorecard Our email: contact@wealthtwins.com Books we recommend to start saving to invest https://amzn.to/2GR6T2y https://amzn.to/2RSQxg0 https://amzn.to/2RSBmne DISCLAIMER: The Wealth Twins, including but not limited to any guests appearing in our videos, are not financial/investment advisors, brokers, or dealers. Our videos are for educational purposes only. They are solely sharing our personal experiences and opinions. There are financial risks associated with investing. All investments involve risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Therefore, do not act or refrain from acting based on any information conveyed in this video, webpage, and/or external hyperlinks. In order to make the best financial decision for your own needs, you have to conduct your own research and due diligence. AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at no additional cost to you, we may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinions and comparisons.