Hi Andy,

Thanks for the comment. Sounds like you fall into the “Dave Ramsey Camp”. Focus fully on eliminating all debt as priority #1 Which is a perfectly good way to go about things.

Personally, I try and find a balance between the two. I have eliminated all debt except my mortgage. My wife and I have been splitting our excess cash flow between making additional mortgage payments and investing in our tax-preferred accounts. I am 30 know and should have the mortgage paid off by the time I am 45, and will be on track to have a nice investment portfolio in place by that point.

If people feel more comfortable paying off debt as the main priority that is good too (as long as they have cash available in case of emergency)

Economic policy wonk by day. Personal finance writer by night. I write about investing, debt, and all things related to money. Editor of Making of a Millionaire

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