I wanted to get everyone's opinion on my method for paying off some debts. I have been investing in the past and beginning this year, decided to funnel that money towards paying off debts. Throwing larger chuncks at it seems like a better idea than paying 100 here 100 there. The money being used to pay these debts was previously allocated to two ROTH IRAs. I calcultated that I could have these debts paid off by end of July.
Is it a good idea to hault Roth IRA contributions for a few month in order to pay off debts?
Thanks for the input.
Is it a good idea to hault Roth IRA contributions for a few month in order to pay off debts?
Thanks for the input.
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