The Better Budgeting Podcast

Episode 65: Should I Stop Investing to Payoff Debt?


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Discover how to achieve financial freedom and manage debt like a pro in our latest episode of the Better Budgeting Podcast. Are you wondering if you should stop investing to pay off debts? We tackle this common dilemma by examining the implications of altering your investment strategy, particularly with pre-tax contributions like those to a 401k. If you're eager to take control of your finances without waiting for the new year, you'll find inspiration in our discussion about exciting opportunities, including the fall promo for our Better Budgeting Playbook and the No Spend November Challenge in the Financial Freedom Society. You'll leave with actionable strategies to maintain financial balance and make informed decisions on your path to financial success.

Navigate the complexities of debt reduction and investment strategy with ease as we guide you in using essential online tools to streamline your financial efforts. Starting with Vertex42.com's debt reduction calculator, we walk you through selecting the optimal debt payoff method and emphasize the importance of tracking your debt-free timeline. Then, shift gears to explore the potential growth of your investments with Investor.gov's compound interest calculator, allowing you to compare debt reduction strategies with investment opportunities. Finally, unlock the secret to a secure retirement by redirecting funds from debt payments to retirement savings, capitalizing on the power of compound interest for a prosperous future. This episode promises practical insights and a clear roadmap to help you achieve a debt-free, financially secure life.

Danielle is a money coach helping those who have been trying to figure out their finances FINALLY create a clear plan so they don’t have to worry about waiting to refill their bank account the next payday.

She is the founder of The Financial Freedom Society on Facebook and her signature money coaching program, The Better Budgeting Playbook. You can sign up for her newsletter by clicking here.

Take the first step towards financial freedom and sign up for a complimentary assessment call with me, Danielle Reese.


Grab your copy of "Let's Talk Groceries" Your Guide to Reducing Your Grocery Bill" This is an ebook with over 30 pages of tips, tricks, and guidance to help you save hundreds on your grocery bill!

Sign up for The Better Budgeting Blueprint for $99.

Grab your free copy of The Bank Statement Exercise.


You can connect with her on Facebook or Instagram.

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The Better Budgeting PodcastBy Danielle Reese

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