It's important to your overall financial security not to have a mountain of debt. But there is also a good case to be made for investing the money, or at least some of it, for your future.
Each person's situation is different, and you'll need to weigh a variety of factors:
- How much debt do you have?
- What kind of debt is it?
- What interest rate are you paying on the debt?
- Does your employer offer a retirement plan with matching contributions?
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