Investing or paying off debt: Which should you focus on?

As you work to change your financial situation for the better, you may run into a tricky dilemma. Should you pay off debt or invest? 

It's really a personal choice.  Let's take a look at  your options.

It's a big decision. If you don't pay off the debt, you'll waste a lot in interest. If you don't invest, you'll miss out on  the power of compound interest.

What should I prioritize?

Debt can feel crushing and emotional. Take a look at your debt and the corresponding interest rates. If you're unlikely to get a greater return in the market, you have your case for paying off the debt.

The Case For Paying Off Debt

The power from compound interest comes from time in the market. So the sooner you start, the better.  it's a good idea to prioritize investing if you have low-interest debt.

The Case for Investing First

1. Run The Numbers 2. Don't discount your gut feeling 3. Make a plan

Here's how you decide:

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