STOP Paying Off Your Debt

pay off debt or invest

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11 Responses

  1. Karl Steiner says:

    I read your six most recent articles. I just wanted to say that your topics, writing style and approach are refreshing. I’ve looked through close to 200 personal finance blogs in the last couple weeks and yours really stands out. You take some “conventional wisdom” and stand it on its head or point out the nuances that most other bloggers seem to miss. If you keep this up, I can’t imagine you won’t attract more page views in the future or succeed in what ever other goals you have for this blog.

  2. Jax@ProjectBeachLife says:

    I think another reason to pay off debts is to free up cash flow. If you’re barely making ends meet, it makes sense to pay down debts to eliminate a monthly obligation. Also, if your income isn’t stable.

    I don’t think all debt is bad. Sometimes it makes sense to divert your money elsewhere. I would love to not have a mortgage, but right now the people who rent my basement through Airbnb are paying my mortgage for me, freeing up extra money for me to save or invest.

  3. An outstanding share! I have just forwarded this onto a colleague who
    was doing a little research on this. And he in fact ordered me dinner because I stumbled upon it for him…
    lol. So let me reword this…. Thank YOU for the meal!!
    But yeah, thanx for spending time to discuss this issue here on your website.

  4. Steve from Arkansas says:

    It’s all very logical, and mathematical, but even I as a professional engineer make more decisions by emotion than logic. And that’s why Dave Ramsey is a phenomenon. I agree you are correct, but he will change more lives than we will because he attacks the root problem fur so many, which isn’t debt, but is immaturity. Great blog, and there is a very specific audience that can learn a lot here.

    • I too am a fellow STEM employee. I can’t disagree with you there. Emotion is a lot easier to start with handling if you don’t understand the numbers. Thanks for the kind words as well.

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  6. Dan says:

    Math! Who knew! Haha. Been meaning to have something like this written up myself!

  7. Brandee Fenton says:

    I don’t even know how I ended up here, but I thought this post was great. I do not know who you are but certainly you’re going to a famous blogger if you aren’t already 😉 Cheers!

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