124. Building Your Financial Foundation (2/6): Should You Pay Off Debt, Invest, or Both?

There's a lot of talk about what to do when it comes to money. Should you invest? Pay off debt? Both? In this episode, we're taking a look at step one in the Factora Financial Framework: eliminating high-interest debt. Allegra dives into the difference between high-interest debt and low-interest debt and the opportunity cost of NOT investing, to help you determine which strategy makes the most sense for you.

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Ready to take charge of your financial future? Coffee & Coin is your go-to resource for financial education and honest money conversations that women don’t get anywhere else. Allegra Moet Brantly is the Founder & CEO of Factora, a company on a mission to lead 1 million women to $1 million in net worth. Her specialty? Breaking down complex personal finance and investing topics into easy-to-understand, actionable strategies. Tune in to learn how to put your money to work and reach financial freedom well before you’re 65. Plus, get inspired by other women’s investing journeys and money wins. Want to learn more about Factora? www.factorawealth.com