Should I invest or pay my credit card debt?
By Sunshine Santiago
Do you suddenly find yourself having extra cash after a few months’ worth of saving? And now, your next question is: should I invest this extra money or should I just use it to pay my credit card debt?
Some financial advisors will tell you to just continue paying the minimum charge for your credit card. That way, you can save your extra money for your retirement or for a big event or a big purchase that you are planning. On the other hand, some finance experts think that it is better if you just pay off your credit card debt first that way you have less to worry about. Below are some points to consider in making the decision:
1. Do you have money set aside for your emergency fund?
Making an investment and completing your ...
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