Pay Down Debt or Start Investing 2 - MFI Series1, #66 - E-book - ePub

What is more urgent, paying off debt or learning to invest? It can be a tricky question to answer. Obviously, debt is the power of compound interest working against you. We want to do everything we can to limit credit cards and loans from using our resources. However, learning to invest teaches how to use compounding in our favor. If we know to invest, we can destroy our debts much quicker. If we intend to progress towards our dream life, we will have to learn to invest at some point-we may as well learn as soon as possible.