Bichon Frise wrote:
my biggest quibble, and I understand this is a case-by-case thing, is that all debt is to be wiped out before one takes advantage of an employer 401k match. While someone with their head below the water probably should pass on the match, those still treading water would be wise to take advantage of it, imo of course.
The rest are just general "rules" of thumb and I can think of a billion examples for each why the rule isn't valid, but that is why it is a rule of thumb.
Totally agree with you. But the limitation of flowcharts like this are that in order to keep them from being mired in complexity, boxes are confined to yes/no exits. If you start putting exits that say "yes, but..." you wind up with a terrible mess. That said, I stand by my prior statement that it's a great starting point for asking the right questions.