Why move investments to Vanguard?

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The advice from Brad Barrett suggests that if you have a 0% introductory APR on your credit card debt, you might consider splitting your financial efforts between paying down the debt and starting to invest in a Vanguard account. The rationale is that even at a low-interest rate (like a 2-3% balance transfer fee), beginning to invest can be beneficial, especially if you are just starting out with investments. This allows you to work on debt reduction while also building an investment foundation 1 .

Debt vs. Investing

Mike, a high school teacher, seeks advice on whether to tackle credit card debt or invest in Vanguard. Big Earn emphasizes the importance of paying off high-interest debt first but suggests a balanced approach due to a 0% balance transfer offer.

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