I get asked this A LOT 💰 and there is a simple answer…
NO ❌
If you have personal debt like credit cards, loans, store cards etc (excluding a mortgage) you need to prioritise paying that off in full BEFORE you start investing
Debt is EXPENSIVE to service aka it costs you more to have debt than what you’d earn from starting to invest
Debt will also negatively affect your credit score 💳 so you might loose out on opportunities if you need a good credit score, eg when applying for a mortgage
Getting rid of debt is a foundational step in building financial security
Download our free toolkit that enables you map out the ways to pay off your debt in as shortest time as possible
And keep your eyes peeled for more support with building financial security soon from The MOB 🎓 we are working hard in the background to create more support and resources to get your financially fit 💪
If you want practical help fast, register for a spot on our monthly financial working sessions that hap...