Debt, Emergency Fund, Savings #10. Dad, is it better to pay off debts or save first? No Comments From a purely math point of view, it’s almost always better to pay off debts before putting money into savings. There is one exception. Contributing towards and emergency fund. Previous Post Next Post You may also like December 23, 2017 #52. Dad, what exactly does personal finance mean? November 26, 2017 #13. Dad, what does it feel like to be in debt? November 26, 2017 #08. Dad, what is the simplest way to build wealth? Leave a Reply Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment.