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How to Decide Whether to Pay Off Debt or Save Money?
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[QUOTE="Etini, post: 281752, member: 90141"] I could remember a neighbor who was plagued with debts. It was during the covid 19 era. He owed about 3 people. These were funds he borrowed to do his wedding. I pitied this man's life. He welcomed a baby within that same period. I mean life was very difficult for the new couple. They had to rent out their apartment to help pay the debts because the people they owed never allowed them to drink water and drop the cup in peace. Trying to answer your question about choosing to pay debts or to save, I would say that it depends on who you are owing and the nature of the debt. Some debts need to be paid as soon as possible without any option of savings. The people you are owing can make life a living hell for you if you don't pay them. About that couple at the beginning of this post, they have cleared all their debts and are very okay. The lesson I learned from them is that the beginning of things are always tough. [/QUOTE]
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How to Decide Whether to Pay Off Debt or Save Money?
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