The Cash Conundrum: When Emergency Funds Meet Love and Debt A recent letter to Pay Dirt from "Financially Fearful" raises a question that is both deeply personal and quintessentially modern.
When her husband's investment property sold for $175,000, they were faced with a decision that would have been unthinkable in simpler times.
The writer's instinct is to hoard cash, especially given the current state of global uncertainty. However, her husband wants to use the money to pay off their federal student loans.