Because credit card interest rates are usually quite high, you should pay off your credit card balances before you invest funds anywhere else.

Name: Because credit card interest rates are usually quite high, you should pay off your credit card balances before you invest funds anywhere else.
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Paying off high-interest credit card debt is generally prioritized because the interest saved by paying off the debt often exceeds the returns one could expect from investing.

Because Credit Card Interest Rates Are Usually Quite High, You