π‘ Pay Off the Loan or Invest?
Feb 23, 2025A great question came up in the Git Gelt Community:
π Does it make sense to pay off a car loan and invest the monthly payments?
π Or is it better to keep the loan and invest the lump sum instead?
Like most financial decisions, it depends on your situation.
In the video below, I break down:
β
The key factors to consider before paying off a loan
β
When it makes sense to invest instead of paying off debt
What would you do in this situation?