Investing vs Paying Off Debt

Investing vs Paying Off Debt

 

If you carry a balance on one or more credit cards, you're not alone.  According to the Federal Reserve, nearly half of American families do. 

 

And nearly half of American families also have some sort of bank savings accounts.  If you have savings, should you use that money to pay off your credit cards?

 

Money Talks editor Stacy Johnson explains (video runs 1:15)

 

 

We'd love to get your comments on this video.  Just use the "comment" link below.  Don't worry, your privacy is protected.. we never publish email addresses of our readers when they leave us comments.

 

 

 

We can help you locate a real estate agent in Spokane, WA. If you're looking for Spokane real estate and would like for us to help you find a Spokane real estate agent, simply click the link at the top or bottom of this page to "Find a Spokane Real Estate Agent."

Filed under Spokane Real Estate by  #