Debt

Understand your debt.
Then eliminate it.

The interactive tools and plain-English guides you need to get out of debt faster — and decide when not to.

Interactive Calculator

The decision to pay extra on debt vs invest extra cash depends entirely on your interest rate vs expected investment return. This calculator gives you the math.

Debt balance$15,000
Debt interest rate19.99%
Extra monthly cash available$500/mo
Expected investment return7%/yr
Time horizon5 years
RECOMMENDATION
✓ Pay debt first
Your debt rate (19.99%) exceeds your expected investment return (7%). Paying down debt is a guaranteed 19.99% return.
Interest saved by paying debt (5yr)$7,496
Investment growth if you invest instead (5yr)$35,796
Advantage$28,300 in favour of paying debt
💡 In practice, many people split the difference — make minimum debt payments while investing, then pay down aggressively once investing habit is established. The best strategy is the one you actually follow.