How To Decide Whether To Sock Funds Away Or Pay Off Debt

How To Decide Whether To Sock Funds Away Or Pay Off Debt

When you get a hold of a large chunk of cash — say, from a bonus, tax refund or item sale — those with the self-control not to blow the funds have to decide whether to save it or pay off debt. While there are other options available, such as investing or donating the money, saving vs. debt reduction is one of the tougher quandaries to decipher. [More]