Listen Money Matters - Free Your Inner Financial Badass. All The Stuff You Should Know About Personal Finance.

  By now as a long time LMM listener, you have a financial plan.  But do you know how to prioritize it?  We’ll explain how best to get your ducks in a row. Matt and Andrew got into a pillow fight the last time they tried to do a show on this topic this takes two.  The good folks over at LearnVest set out a list of three financial priorities.  Retirement, emergency savings and debt. 1.  Retirement comes first.  Because of inflation, the dollars you have now will be worth less than when you retire so you need to accumulate those dollars now.  Most of us will also not be able to rely on social security or pensions once we stop working.  Pay yourself first whatever that means for you, 401K, Ira, Roth IRA etc. 2.  Emergency Savings.  Have a rainy day fund otherwise, you have to rely on a credit card which may mean racking up lots of interest charges or you’ll draw from your retirement account which means robbing the future you. 3.  Debt.  Debt is an emergency, this is a no-brainer. We have some issues with t