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Most rules work, but there are unique situations that might require different approaches, like paying off debt or saving income for retirement.

Andy Mattingly of FORUM Credit Union goes into more detail to help you determine which ones to break! WATCH:

FORUM’s primary mission can be summed up in one simple, yet sincere statement: Helping Members Live Their Financial Dreams. This statement is most clearly reflected through our employees who are attentive to our members’ needs at every level and in every department. Voted one of 2017’s Best Places to Work in Indiana, FORUM is dedicated to enriching the lives of our employees so we can in turn enrich the lives of our members. FORUM also endeavors to create products and services that help members achieve their goals in all aspects of their financial lives.

 

Photo Credit: Deagreez / Getty Images