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Updated 3 months ago, 09/25/2024
Pay off debt first or invest first
I'm 22 and have a 16k balance im tuition that i need to pay. I'm currently paying 250-500 a month because that's what I can afford right now. I want to invest in real estate by using the BRRRR method. The thing is I want to invest in real estate because it could help me pay off the tuition faster but it'll slow down my wealth growth. On the flip side if I focus on paying the tuition off first I may miss a potential opportunity that could jumpstart my investment portfolio but at least I won't have that debt to worry about starting my journey off. I need some advice on which choice makes the most sense starting off?