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In What Order Should I Pay Off My Debts? A Rational Guide to the Debt Snowball, Debt Avalanche, and Other Considerations RPF0032

Radical Personal Finance

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Should I Pay Off Debt or Invest?

In the future we will do some should i pay off debt or invest shows, but look at your cash flow statemen to see where your money's going. If you have three debts of relatively similar balances, then it's a very different situation. You can't just say one or the other. The interustrates matter, and the amounts matter. And this is fabulous because instead of our sitting around arguing about what yoknow, what's right and what’s wrong, we can calculate it,. We can calculate what the actual cost of the additional interest that we're paying would be.

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