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Please take care of the elephant in room nobody wants to talk about

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by COINS NEWS 149 Views

DEBT say it again, DEBT.

In the last year with world economy going to shit and interest rates on the rise it has never been more important to get rid of the debt you are holding if possible I know it can be hard and overwhelming at time, but now is the time because things are gonna be worse than ever for our generation.

To anybody out there with a credit card debt please make sure you clear this up before you start investing into crypto. It's kind of counterproductive to invest in something when you already have an outstanding debt.

I know it can be like pulling teeth trying to pay this down and pay it off but the sooner you do you'll have more money to invest into crypto and your gains will be that much more real. The gains that you make off your crypto will be overwhelmed by the interest you're paying on your credit card in most cases.

Now I'm not saying don't invest into crypto what I'm trying to say is maybe put a bigger portion into paying off your debt while a small portion is going into your investment.

At the end of the day our goal is to reach financial freedom, this will allow you more money to invest and spend on things you enjoy in life.

submitted by /u/GetEmDaddy902
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