What on earth is PEMDAS you ask? Let’s try a little reminder - Please Excuse My Dear Aunt Sally. If you still don’t remember, PEMDAS is an acronym for the order of operations in math. When solving a math equation, you begin by solving anything in Paratheses, then Exponents, Multiply, Divide, Add and Subtract. The beauty of something with a defined order of operation is that it doesn’t change. It doesn’t matter if you’re taking Algebra 1 or advanced calculus, you still abide by the same rules. While personal finance is dubbed ‘personal’ for a reason, there is still an order of operations that should be followed when thinking about where to put your investing dollars.
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