Having an emergency fund is essential in keeping on track with any goals and plans. Increasing the emergency fund is important as the debt reduced this will help keep the debt under control in the future. Once the emergency fund is large enough then start investing first in a high yield saving, then in the market. 

Article Links:

https://www.investopedia.com/articles/basics/06/invest1000.asp By Chad Langager

https://www.investopedia.com/articles/investing/022516/saving-vs-investing-understanding-key-differences.asp By Lauren Welch

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