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Is it better for me to save, or pay my debts?

To determine if you're better off saving or paying off debts, you'll need to draw up an overview of your financial situation and plans.

Next, you should consider what types of debt and investments you have. In general, if the return on an investment is lower than the interest rate on a debt, you should prioritize paying off the debt.

Learn more about managing your debts.

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