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| Created | 2/18/24, 10:28 AM |
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| Pagename | Bright Money |
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| Caption | brightmoney.sng.link |
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| Title | |
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| Link Url | https://brightmoney.sng.link/Au8kf/qaxd/uhkd |
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| Page Name | Bright Money |
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| Body | Should you Pay off Debt first or Invest? The Answer May Surprise You!<br /> <br /> This age-old question can be a real head-scratcher. Bright Money's here to break it down with a simple magic formula:<br /> <br /> If Debt APR > Investment Returns? Pay off debt first! Think of it like putting out a financial fire.<br /> If Investment Returns > Debt APR? Invest! Grow your wealth while your debt stays chill.<br /> <br /> For an example:<br /> - You have a 22% APR credit card and a 10% APR student loan.<br /> - Your investments are giving you a sweet 15% return.<br /> <br /> Magic formula says:<br /> Tackle that credit card debt first! Its high APR is costing you more than your investments can earn.<br /> The student loan? Chill with it for now. Your investments will outpace its lower APR.<br /> <br /> 1️⃣ Follow Bright Money for more money-smart tips!<br /> 2️⃣ Download the Bright Money app and take control of your financial future!<br /> <br /> #payoffdebt #invest #investingtips #debtfreejourney #debtfreeliving #debtfreegoals #aprperformance #apr #wealth #money #january #2024goals #financereels #financeadvices #financetips #influencer #manifestingmoney #wealthcreator #creditcard #Studentloan #brightmoneyapp |
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| Cta Type | LEARN_MORE |
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