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Ep. 11 | Should You Invest or Pay Down Debt? Here's What the Numbers Say

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Manage episode 499051740 series 3668826
Content provided by Tré Bynoe CFP®, CIM® and Tré Bynoe CFP®. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tré Bynoe CFP®, CIM® and Tré Bynoe CFP® or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

If you’re torn between paying off your mortgage or investing, you’re not alone, and there’s a lot of bad advice out there. This episode breaks it down with facts, not feelings.

Tré uses real planning software to run side-by-side comparisons and shows why—mathematically—investing often comes out ahead. But psychology, discipline, and risk tolerance matter just as much. Whether you're holding low-interest debt or still paying off your credit cards, this episode will help you choose your next move confidently.

You’ll learn:

  • Why credit card debt and investing don’t mix—ever
  • How a small change today can mean hundreds of thousands by retirement
  • Why risk tolerance and financial literacy are key to your strategy
  • When it’s smarter to pay off your mortgage (yes, sometimes it is)
  • How to blend both strategies if you're unsure
  • What advisors often get wrong, and how to push back

Make the right call for your future. Subscribe, review, or share the episode today.

  continue reading

15 episodes

Artwork
iconShare
 
Manage episode 499051740 series 3668826
Content provided by Tré Bynoe CFP®, CIM® and Tré Bynoe CFP®. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tré Bynoe CFP®, CIM® and Tré Bynoe CFP® or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

If you’re torn between paying off your mortgage or investing, you’re not alone, and there’s a lot of bad advice out there. This episode breaks it down with facts, not feelings.

Tré uses real planning software to run side-by-side comparisons and shows why—mathematically—investing often comes out ahead. But psychology, discipline, and risk tolerance matter just as much. Whether you're holding low-interest debt or still paying off your credit cards, this episode will help you choose your next move confidently.

You’ll learn:

  • Why credit card debt and investing don’t mix—ever
  • How a small change today can mean hundreds of thousands by retirement
  • Why risk tolerance and financial literacy are key to your strategy
  • When it’s smarter to pay off your mortgage (yes, sometimes it is)
  • How to blend both strategies if you're unsure
  • What advisors often get wrong, and how to push back

Make the right call for your future. Subscribe, review, or share the episode today.

  continue reading

15 episodes

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