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Should You Pay Off Debt Before Investing?

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.