Carrying high debt balances can feel like walking around with a weight on your shoulders and deciding whether to pay down debt or invest is a tough decision to make.
But should you strive to reduce your debt, or place your money in a retirement savings account or other investments? There’s no one right answer for whether you should pay off debt or invest, plus everyone’s situation is different.
Here are a few things to consider that can help you make the decision that’s right for you.
This post originally appeared at Everything Finance.