RBS 012: Should You Invest or Pay Off Debt? Yes!

Should you pay off all your non-mortgage debt before you begin investing? It's an approach popularized by Dave Ramsey. It's also one of the worst financial decisions you can make. In this video that's part of the Invest with Confidence series, you'll learn why.Credit Card Payoff calculator: https://www.allcards.com/credit-card-payoff-calculator/TOOLS & BOOKS I LOVEMy Book (of course): https://amzn.to/3by10EEPersonal Capital: http://go.robberger.com/PersonalCapitalMorningstar: http://go.robberger.com/MorningstarChase Sapphire Reserve: http://go.robberger.com/Sapphire_ReserveABOUT ME While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I'm the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money.I'm also the author of Retire Before Mom and Dad--The Simple Numbers Behind a Lifetime of Financial Freedom (https://amzn.to/3by10EE)LET'S CONNECTYoutube: https://www.youtube.com/channel/UC9C17-OMxa-7oRSaCtztObw?sub_confirmation=1Facebook: https://www.facebook.com/financialfreedomguy/Twitter: https://twitter.com/Robert_A_BergerDISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning at no cost to you I earn a commission if you click through and make a purchase and/or subscribe. However, I only recommend products or services that (1) I believe in and (2) would recommend to my own mom.