Anna Skye
There is no doubt that paying your debt is also a pressing issue since, the longer you take to pay the debt, the bigger it will become, courtesy of interest rates.
Best way to save or pay off your debt. When you find yourself sinking into a debt hole, you are faced with a dreaded dilemma, should you save your money, or should you focus on paying off your debt.
Saving money is a good idea, as you can create an emergency fund and save money for the future for things like a higher education or a married life. However, there is no doubt that paying your debt is also a pressing issue since, the longer you take to pay the debt, the bigger it will become, courtesy of interest rates.