Episode 5: Grow Your Net Worth or Pay Down Your Debt

Wealth On Any Income Podcast Grow Your Net Worth or Pay Down Your Debt

In this episode Rennie answers the question: Should you focus on paying down credit card debt before you invest?

In this episode Rennie also explains how:

  • Waiting two years to pay off a $6000 debt can cost $200,000 in lost investment earnings
  • The emotional draw to pay off debt is real, but is wrong financially
  • Paying off debt before investing is just a roller coaster ride with debt
  • Your investment earnings can pay off your credit card balances

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