Imagine you’re just done with college, and all the excitement of graduating has finally died down.
You’re left with two things: your certificate and a considerable amount of student debt.
Fast forward a few years down the line, and you have a stable job.
You also took loans to buy a house and your first car and have a credit card. All this is debt.
Or if you are like past Mandy and are constantly buying things to make yourself feel good or pretty enough, you may be left with a good amount of consumer debt. (cry cry)
(In case you can’t tell yet, I am pretty high maintenance.)
Now, if you’re lucky enough to pay all your bills and have some money to spare, the big question is, what do you do with it?
Do you work to clear your debt or head over to the stock or crypto market and start investing?
In this article, I will talk about one of the biggest financial debates (and one that I have a strong opinion on), that is, whether you should pay off your debt first vs. invest that money.