Multiple cash flow streams

[Bryan Clement]

Hey, so my wife and I are having a discussion about what is more important. We are swimming in debt, but we are swimming quite well. I want to build up multiple cash flow streams by sending a lot of money to investment accounts. My wife, on the other hand, really wants to pay off our mounds of debt. (Mostly car loans, 3 year terms left, and a 4 year home improvement loan). Who is right? We are at the point now where if we just made the payments we'd be debt free besides the mortgage in three years anyway. Would it be smarter at this time to bulldoze funds into investing in stocks or real estate? Or better to pay the loans off? Low interest rates, between 4 and 6%. Any advice would be helpful!