In this episode of The New Money Habits Podcast, Coach Nino Villa responds to a listener question many people wrestle with:
Should you focus on paying off debt first — or saving money?

Rather than offering a one-size-fits-all rule, Nino explains why financial principles stay consistent while execution should flex based on real life. He walks through a phased approach to debt elimination, helping listeners understand how to prioritize different types of debt while still maintaining a savings buffer for peace of mind.

This episode covers:

How to think clearly about debt vs. savings

Why execution matters more than rigid rules

A phased strategy for tackling interest-bearing debt, non-interest debt, and charge-offs

The role of a “peace of mind” fund

Practical examples to help you apply these ideas to your own situation

If you’ve felt stuck between wanting to make progress on debt and needing financial stability, this episode offers a thoughtful framework to help you move forward with confidence.

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Helpful Resources Mentioned in This Episode

Watch on YouTube: Full video version of this episode

Payday Power Planner (FREE): Streamline your budgeting process
https://www.newmoneyhabits.com/budgeteers/helpful-tools 

Food Number Calculator (FREE): Simplify food budgeting and planning
https://www.newmoneyhabits.com/budgeteers/helpful-tools 

Submit Your Questions: Email us at [email protected] 

Join Our Free Facebook Group:
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Schedule a Free Call with Coach Nino:
https://www.newmoneyhabits.com/budgeteers/contact 

Online Course: How to Create a Better Budget: Your Foundation to Financial Freedom
https://www.newmoneyhabits.com/bootcamp 

Music Credits
This episode features music by Summer School.

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