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Podcast: The Jesse Mecham Show
Episode: Optionality & Why You Should Follow Rule Two Instead of Paying Down Debt
Description: Save money for known future expenses, or pay down debt? It's a challenge many people face while trying to eliminate their debt. It's a conundrum too -- you could take your savings and pay down debt now, or hold onto to those savings for the new tires you know your car needs next month, or the Christmas gifts you want to buy for the family. If you do that, though, the debt balance stays the same while you continue to pay interest... Â Jesse argues that optionality is the key here. Obeying rule #2 -- embracing your t...