How to Pay Down Debt

A debt avalanche approach makes mathematical sense when it comes to paying down you debt, but is it the right strategy for you? 

Ruth Saldanha 15 October, 2020 | 1:23PM

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Over the past few weeks, we’ve been answering some questions around money, specifically personal finance. We discussed how you could talk to children about money, we gave you some tips on when you should sell an investment, and we analysed how much you should be saving

These topics are great, but they assume you are able to save, and invest. What if you are unable to put money aside to invest, maybe because you’re paying off debt?

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About Author

Ruth Saldanha

Ruth Saldanha  is Senior Editor, Morningstar.ca

 
 

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