Submitted by [deleted] t3_yigeqe in personalfinance
Valendorf t1_iuii46w wrote
Are your other debts’ interest rates greater than your tax rate + expected roi? The thing I’d bring up is while the markets are down it’s the ideal time to pump as much money as you can into them. Think of it as the stocks being on sale.
tanon14 t1_iuiinei wrote
I believe the rates are higher since most of the debt is Credit cards. I was wandering about the "sale" as well, but it is managed by the 401k company so I would think they would pump into it the same, regardless of what I contribute. (I am by far not advanced with investing lol)
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