Investing Before Paying Down Debt

DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing

Bleav + Quint Tatro & Daniel Czulno, CFP® a passionate look at everything money from budgeting, savings, investing, stocks, bonds, debt. For those that enjoy Dave Ramsey, Jill On Money, Smart Money, BiggerPockets it’s worth a listen!

Real Estate, Education, Investing, Self-improvement, Business, Money

4.6 • 858 Ratings

🗓️ 15 December 2019

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode, Quint and Daniel discuss whether or not you should invest before paying down bad debt (credit card/student loans).

Transcript

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0:00.0	Hey there, this is Daniel.
0:02.9	Thanks for listening to DIY Money.
0:05.2	Now, if you haven't already, be sure to give us a five-star review so your friends know that this is a show that they can learn from.
0:11.6	Follow us on Instagram at DIY.money.
0:15.0	Now, enjoy this episode.
0:20.0	Welcome back, ladies and gentlemen.
0:21.6	You are listening to another edition of DIY money.
0:26.6	Yeah, wow, Daniel.
0:29.2	All right, Daniel. We've got another question.
0:31.4	Great question here from Lucas in New York.
0:34.9	We're going to get right to it.
0:36.3	Lucas, what's your question?
0:38.3	D-I-Y.
0:39.3	So my wife and I have worked on a budget.
0:43.3	We're working on paying down some debt.
0:46.3	And I want to start thinking about the next step, which for us would be getting some money invested.
0:52.3	I'm pretty early on in a new career, so we don't have a ton right now,
0:57.4	and it would be coming in, I guess, in small chunks.
1:00.8	So any insight as to how to navigate that, I would be really helpful.
1:05.3	I appreciate it.
1:06.6	This is good.
1:07.8	Yeah?
	...

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Generated transcripts are the property of Bleav + Quint Tatro & Daniel Czulno, CFP® a passionate look at everything money from budgeting, savings, investing, stocks, bonds, debt. For those that enjoy Dave Ramsey, Jill On Money, Smart Money, BiggerPockets it’s worth a listen! and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.