Filed under: Personal Finance, Debt
For many households, it's a personal fiance dilemma: Should they try to pay down debt first, or build up savings? In the aftermath of the Great Recession, opinions have clearly tipped toward the ditch-your-debt side. According to the August poll by the National Foundation for Credit Counseling, Americans are choosing to deal with what they owe: 89% of those surveyed said they value paying down debt over saving money; just 11% chose saving first. America has a new aversion to debt, and with a...What's More Important: Saving or Paying Down Debts? originally appeared on DailyFinance.com on 2011-09-03T07:00:00Z.
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