Many people view debt as the financial enemy and strive to pay it down as quickly as possible. That strategy is a wise one for high-interest obligations like credit card balances, but when it comes to , the math isn’t as clear-cut. You might be better off putting those payoff funds toward investing, some experts say, while others believe it’s better to unload your debt, then focus on investments. As you weigh your options, here’s what to consider. Questions to ask: —Do I have sufficient emergency savings? —Am I putting away enough for retirement? —How much other debt do I carry? —What are my prospects for increasing my income? …
