Change Plans For Baby?
Will and his wife should stop working on their debt snowball temporarily now that they know they're pregnant.
ANSWER: Don’t work the standard Baby Steps right now. For the next nine months, stop your debt snowball and put as much as you can in your fully-funded emergency fund. That way, if something happens and you need that money, you’ll have it. And if something doesn’t happen, you’ll have about $11,000 saved up within 9 months and you can completely pay off your debt.