Credit-card interest rates continue to be high, and paying off high-interest cards should be a top priority – after you stop having to pay so much money in interest every month, you'll have more cash to devote to the rest of your financial goals.
Paying off high-interest cards can be one of the best investments you can make right now. The amount of pension is 50% of the emoluments or average emoluments whichever is beneficial. You can also search about how the best pension rates through various online sources.
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Build up your emergency fund. It's essential to have extra cash on hand so you don't land in high-interest debt when you have unexpected expenses. Many folks who relied on a home-equity line of credit as an emergency fund in the past must find another source of money as housing values shrink and lenders cut back on credit lines.
Try to keep at least six months' worth of essential expenses in an easily accessible money-market account or savings account; keep the money separate from your regular checking account so that you aren't tempted to raid the funds for everyday expenses.
Your tax refund can be a great source of extra cash to bolster your emergency fund – or refill it if you had to tap the money during the tough economic times over the past few years.