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Old 06-01-2015, 08:14 PM   #21
Nlkko
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You guys really advising him to "invest" first before paying off his debt? There is NO guaranteed investment outside of GIC and a Savings Account. You can and may very well lose money investing.

Pay off your debt, invest when you're balance sheet is clean. Ditch the $17,000 car, which by the way, is a depreciating asset.

You are sitting on 55k debt AND paying interest monthly with the power to instantly pay off 70% and enough income to pay off your debt within a year easy. You don't need a 3 year plan.

Be debt-free first and invest only after.
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