EPISODE · Mar 21, 2025 · 1 MIN
Ep.165 Should You Pay Off Debt or Invest First?
from Good Morning, Money! · host Rosha Entezari
Should You Pay Off Debt or Invest First? 💰📉The golden rule: Compare your debt interest rate to potential investment returns.✔️ If debt interest is >7% → Pay it off ASAP (it’s costing you more than investing would earn).✔️ If debt interest is <7% → Invest while making minimum payments (your money can grow faster).🎯 Example:Credit card at 18%? Kill that debt now.Mortgage at 3%? Investing likely makes more sense.💡 But don’t ignore emotions—some people just sleep better debt-free. Do what works for YOU!Send us Fan Mail
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Ep.165 Should You Pay Off Debt or Invest First?
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