Investing versus paying off debt... both are important, but if you don't have enough cash on on hand to cover both, which one do you choose? Joining us is Certified Financial Planner, Jeff Massey.
Comments
I agree with your emergency fund idea, I agree with your mortgage interest/tax deduction statements. You didn't cover the "invest or pay off debt" topic clearly. To vague not enough effort into the main topic of conversation,
Why would you send a mortgage company 10,000 dollars in interest a year so you can get a 3,000 dollar tax break. Pay off your mortgage early it only makes sense. Or you can send me 10,000 dollars and I'll pay the gov your extra 3,000 in owed taxes.