REVISIT YOUR DEBTS. Think of borrowed money as a negative investment: Instead of making you money, it’s costing you. If you have high-cost debt, paying it off—or replacing it with lower-cost debt—should be a top priority. What about lower-cost debt? That might also be worth paying off, especially if the alternative is to buy bonds or CDs in a taxable account.
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Published on February 26, 2017 00:01