When you have extra cash, deciding whether to pay off debt or invest is a common dilemma. The right choice depends on debt type, interest rates, investment opportunities, and personal goals. Paying high-interest debt first offers a guaranteed return equal to the rate, while investing can grow wealth over time. Tools like Finhabits can automate investing, helping you put money to work while evaluating your best financial strategy.
Should I Pay Off Debt or Invest Extra Cash?
