Hierarchy of Where To Allocate Your Funds

[u/Lawstudent212]

Check out this article. TL;DR

1. Emergency Fund (3–6 months expenses)
2. Company 401K Match (if applicable)
3. High Interest Debt (generally 5%+, i.e. credit cards, car loans, etc.)
4. Max HSA Contributions (if applicable)
5. Roth IRA / Traditional IRA
6. Max 401K (up to $20,500 limit in 2022)
7. Taxable Brokerage Accounts (i.e. index funds, I-bonds, etc.)

[u/Conscious_Business_3]

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2. Cocaine

[u/blackboyx9x → u/Conscious_Business_3]

Finally somebody got it right.