Читать книгу Investing All-in-One For Dummies - Eric Tyson - Страница 91

Plenty of younger adults have debts to pay and lack an emergency reserve of money for unexpected expenses. High-cost debts, such as on a credit card, can be a major impediment to investing, in particular, and accomplishing your future personal and financial goals, in a broader sense. A high interest rate keeps the debt growing and can cause your debt to spiral out of control, which is why the following sections discuss dealing with such consumer debt as your first priority, just before establishing an emergency reserve.