Pay off debt or invest: Which is smarter?

Big payments on credit card debts, student loans and mortgages eat away at how much you can save or invest. A sense of obligation or even guilt can dissuade people from opening an investment account and funding their retirement portfolios before these debts are paid off. That could be a costly mistake.Lots of people make a mistake when they pay off debt before investing. Here’s when to tackle your debt first, and when to invest before digging out of debt.

The post Pay off debt or invest: Which is smarter? appeared first on Money Under 30.

https://www.moneyunder30.com/should-you-pay-off-debt-before-investing-9493

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