Ask Paula: Investing for the Future vs. Paying Down the Past
Afford Anything
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Balancing Math and Behavior: Investing vs Paying Off Debt
The hosts weigh the mathematical benefits of investing in retirement accounts versus paying off debt, discussing potential growth and tax advantages of investing. They also highlight the importance of the behavioral component and prioritizing debt payoff for those who rely on debt. Overall, the chapter emphasizes the need to balance math and behavior when making financial decisions.
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