The first rule of wealth creation is to spend less than you earn. The result is extra money you can save and put to work. When choosing between whether to pay off debt or invest, what’s the best use of your money?
Both play a role in a smart financial plan. But basic math says – whatever gives the best return on your money. To simplify things, here’s a formula for dealing with this question.
- Get that 401k match
- Pay off highest interest debt first
- Pay off short-term over long-term debt
- Refinance to lower rates when possible
- Extra money towards debt is a guaranteed return every time
I’ll explain below. Continue Reading…

The commission-free ETF craze is a growing trend among brokers fighting for your investment dollars. Free is a big selling point.
A successful plan to save more money is very straight forward. Set aside a decent chunk of your income early and let the