In this episode we talk about one of the most common questions I hear from optometrists: should I pay down debt or should I be saving for retirement? While every person's situation is different, it's important to understand the one theme and idea that's constant in that equation: the time value of money and compounding interest.

During the show, I'll discuss:

• How compounding interest works, using a snowman as an analogy
• A hypothetical example showing the real cost of waiting
• The max number of years you should take to pay off student loans while not saving for retirement
• The order and type of accounts you should consider when you start saving
• The power of habits and how to start small

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