# Taking stock: debt and emergency fund

## My debts

| Creditor | Remaining balance | Effective interest rate | Monthly payment | Order |
|---|---|---|---|---|
| | | | | |
| | | | | |
| | | | | |

Rule: pay off anything above roughly five percent effective interest before investing anything.

Choose an order: highest interest rate first (mathematically cheaper) or
smallest remaining balance first (followed through more often).

My choice: ____________________

## My emergency fund

- Monthly expenses per my budget check: __________ euros
- My situation: secure / normal / variable / self-employed
- Target amount (3 to 9 months of expenses): __________ euros
- Already have: __________ euros
- Shortfall: __________ euros
- Held at: ____________________ (savings account, available daily)

## My coverage

- [ ] Personal liability insurance in place
- [ ] Disability insurance checked
- [ ] Coverage for dependents checked, if needed

## Result

- [ ] All three points done, investing is the next step
- [ ] Not done yet. Next step: ____________________