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Episode 5: Grow Your Net Worth or Pay Down Your Debt

Author
Rennie Gabriel
Published
Mon 21 Sep 2020
Episode Link
https://podcast.wealthonanyincome.com/episodes/grow-your-net-worth-or-pay-down-your-debt-SKgOy_Wi

In today's episode Rennie answers the question: Should you focus on paying down credit card debt before you invest?

In this episode Rennie explains how:

  • Waiting two years to pay off a $6000 debt can cost $200,000 in lost investment earnings
  • The emotional draw to pay off debt is real, but is wrong financially
  • Paying off debt before investing is just a roller coaster ride with debt
  • Your investment earnings can pay off your credit card balances

Rennie’s Books and Programs

https://wealthonanyincome.com/books/
https://wealthonanyincome.com/programs

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Websites:
WealthOnAnyIncome.com
RennieGabriel.com

Email: [email protected]
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