You’ve made a little extra money with your last paycheck and have some leftover after paying for your mortgage or rent, plus any other necessary bills. Rather than spending the money frivolously, you want to stash it in a savings account or use it to knock out some of the debt that’s been weighing heavily in the back of your mind.
But that’s the million-dollar question: should you save your money or pay off your debts first, especially when it comes to spending extra earnings long-term?
