Investing vs. Paying Off Debt from Scrubbed Out

Investing vs. Paying Off Debt

11 minutes Posted Nov 22, 2021 at 10:00 am.

podcast starts + intro

what is your mindset around debt?

"good" debt vs. "bad" debt

do you have a problem with debt? Do you just want to pay off debt first?

interest rate of debt vs. investments how do you decide?

your level of wealth matters

when to invest? TIME matters

Top 3 steps you should take to invest while paying off debt

1. Employer Match

2. Pay off high interested debt (8% or more)

3. Max out retirement accounts

before you do any of this: emergency fund (high yield savings account)

wrap up!

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11:06

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Show notes

In this episode we discuss the basics of paying off debt vs. investing, and I share my favorite resources for slowly (but surely) learning these tricks to the trade. Hope you find this helpful!

Favorite resources:

The White Coat Investor

Travis at Student Loan Planner

Dave Ramsey

Strive with Kristin Burton (IG)

Trading Secrets (podcast)

The Simple Path to Wealth (book)

It would mean so much to me if you would drop a review, hit subscribe, share this with a friend, or DM me with any ideas you might have for future episodes! Until then, have a great safe day and enjoy the episode!

Connect with me on Instagram:

@stethoscope.kat

https://www.instagram.com/stethoscope.kat/?hl=en

Thanks for tuning in! Xoxo, Kat

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