Debt vs. Curveball Account: Chicken & the Egg

debt curveball account

Debt vs. Curveball Account: Chicken & the Egg

What is the Money Date? A weekly time to check in. 3 things we review and update: 
1. Spending
 2. Earning 
3. Savings

In previous episodes, we talked about establishing an emergency fund, or what I call a curveball account. And how important that is to your overall financial success. I was listening to a podcast the other day and a host brought up a good point about how many Americans struggle with debt. The idea of finding extra money to put in their rainy-day fund was just not realistic and he used the analogy of “Chicken and the egg.” I like this analogy, but the question shouldn’t be what comes first. It should be how can I work on paying off my debt and build my curveball savings at the same time. That’s what I call a real financial plan.

I’ve always been a big supporter of establishing a healthy curveball account, 3- to 6-month of expenses saved up.  But I also know that debt can get in the way. What I don’t want to happen to you is that you work really hard on paying off your debt and not fund curveball account and all of the sudden an emergency comes up (like you lost your job!). Now, what are you going to do? How are you going to pay for your lifestyle?

My advice to you is to do the following:

  • Allocate 50% of your funds towards paying off your debt
  • And the other 50% should be funding your curveball account


That way, if an unexpected event takes place, you will be prepared to deploy your curveball account!


Anna Sergunina
Anna Sergunina

I'm Anna Sergunina, CFP®, President & CEO at MainStreet Financial Planning, Inc. My passion lies in serving others through financial planning, helping clients achieve their dreams like buying a home, saving for education, or retiring early. With over two decades in the industry and a CFP designation since 2009, I'm dedicated to excellence and continuous growth. Beyond work, I cherish moments with my son Liam, prioritize self-care, and engage in content creation for my Money Boss Parent Podcast and Money Library blog.

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