You get an unexpected bonus or tax refund and you're wondering what's the best way to improve your financial picture with those funds. Should you invest it, or should you pay off debt?

Today, we discuss a GetRichSlowly.com article by William Cowie titled "Why investing can be better than repaying debt".

In This Episode We Look At:

• Risks that can be negated by paying off debt. It's not healthy for anyone to make assumptions of future job income.
• Enhancing our lifestyle by eliminating debt. Freedom is far superior to indebtedness .
• The wealth-building benefits of compounding growth. Investing now and consistently for maximization of financial growth.

Today's Resources and Links:

• Link to original article at www.getrichslowly.com

One Thing You Can Do Today to Improve Your Financial World:

• Strike a balance and split "extra" money between eliminating debt and investing. Time is a crucial factor in both areas.

What Are Your Thoughts?

If you have a question or comment about today's topic, we invite you to share your thoughts.