Which Is More Important, Investing or Paying off Debt?
Paying off debt is an obligation for everyone. The interest on the loan can accumulate more if not paid. As a result, you are in debt and gradually bankrupt. Unpaid debt can be a very scary thing. Therefore, paying off debt is one of the priorities in managing finances. But there is another thing that is not less important in regulating cashflow or monthly cash flow, that is an investment. Everyone has their own financial goals. Starting from buying a private vehicle, buying a house, to plan the old day's funds. If you just rely on monthly income to achieve all these financial goals then you will be difficult. That's why you need to invest. Do you think maybe investment will work? Often not. Humans are insatiable beings. As long as money still exists, the desired item will most likely be purchased. If so chances are there is very little money left. Then no funds are invested every month. Even if there is, the amount is not optimal. The problem is simple, many people ca...