Deciding whether to invest or pay off debt first is one of the most common dilemmas in personal finance, and the right choice depends on your unique financial situation. While paying off high-interest debt provides immediate relief and a sense of financial freedom, investing early offers the potential for long-term wealth through compound interest and growth. This article explores the pros and cons of both strategies, examining factors such as interest rates, financial goals, job stability, and tax advantages. We also discuss a balanced hybrid approach, where you can tackle both debt repayment and investing simultaneously, setting you up for a secure financial future. Whether you’re prioritizing debt reduction or starting to invest for retirement, the key is to make an informed decision that aligns with your financial needs and long-term objectives.