Should you invest or pay off debt with that extra cash you have? It’s a simple question with a not so simple answer. Today I’m breaking down the pros and cons of paying off debt vs investing. Then I’m giving you three example scenarios where you’re faced with credit card, student loan, and mortgage debt. Finally, I’m giving you my recommendation for how to determine if you should pay off debt or invest.
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The Habit That Changed My Life: https://youtu.be/oL3eVoReKCQ
My Debt Free Story: https://youtu.be/F-y-NYitK7c
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FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY. NOT LEGAL OR FINANCIAL ADVICE. The information provided in this video and on this channel is for educational and informational purposes only. It is not intended to be a substitute for legal or financial advice that can be provided by your own attorney, accountant, and/or financial advisor. Practical Personal Finance accepts no liability whatsoever for any losses or damages arising from your own personal financial decisions. You are advised to consult with your financial advisor, tax professional, or attorney regarding any and all financial decisions involving your own income and taxes.
