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Should I Invest, Pay Down Debt or Save?
Season 9 · Episode 10

Should I Invest, Pay Down Debt or Save?

Friends That Invest · Friends That Invest

March 9, 202615m 26s

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Show Notes

This week, Sim breaks down exactly what to do when you come into a lump sum of money, from a $10,000 bonus to a $40,000 windfall, using her simple decision matrix. She covers the order of operations for tackling high interest debt, building a three to six month emergency fund, and deciding when to invest so you can feel confident you are making a smart move. If you have been wondering whether to pay down debt or invest, this episode gives you a clear plan to protect your future and stop feeling overwhelmed.

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