GYC Insights
Articles on real-life financial issues written to educate and enlighten.
Balancing Act
A common question from clients is ‘Should I use my money to reduce debt now or should I start investing and saving first? Can I do both and at what cost?’ A plethora of self-help books and information online either declare debt as a deadly sin or heaven-sent. Let’s look at possible ways to think about it.
Invest or Pay Down Debt?
Which should be your priority - getting out of debt, or investing in hopes of higher returns?