Investing your money first is better than paying down a credit card debt.

Name: Investing your money first is better than paying down a credit card debt.
Brand: Quizplus
Rating: 4.9 (41 reviews)

Question

Quizplus · Accepted Answer

Paying down a credit card debt should be a priority over investing as credit card debts usually have high-interest rates which will accrue more debt over time. It is better to pay off high-interest debt first before investing as the returns from investments may not be able to match the accrued interest from the debt.

Investing Your Money First Is Better Than Paying Down a Credit