2min chapter

The Art of Manliness cover image

#481: Building Financial Independence Beyond the Stock Market

The Art of Manliness

CHAPTER

Paying Down Debt and Investing

You need to make sure that your manager is on top of your career progression. If youre debt in strate, and say it's only two and a half %, i've only been using about 25 per cent of my casha to pay down that debt. And i've been investing 75 percent of my cash to invest. Now i limit it up to ten%. So if your debt instrat is ten% or higher, then you should spend all your frecasha to pay down the debt. Because percent is ridiculous. Cause the debt industry needs to be compared to the risk free rate of returns.

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