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246: How to Allocate Your Money, Invest Easily & Live Your Rich Life with Ramit Sethi
Well with Arielle Lorre
How to Pay Off Debt and Invest
i like to do both one is payoff debt and two is invest at the same time i'll tell you why i have this principle yes and yes. mathematically there's a mathematical answer when it comes to investing in debt but most people don't actually understand that or care they just go remit I hate debt i go okay fine even though you may mathematically be making the wrong decision whatever here's why it's important investing is like building friendships you can't wait until later in life to do it you've got to do it all along the way. You should spend no more than 28 percent of gross income on all housing costs which means sprinklers light bulbs taxes interest all of it
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