Paying Off Debt is Risky?
Big Cajun Man argues against the idea that investing is always a better financial decision than paying off debt. He proposes that, in today’s economic context, the notion of not paying off debt due to potentially higher investment returns is fallacious. The author notes that unsecured debt often bears higher interest rates than usually presumed and cites a real-life example from a tech executive who lost his investment. It advocates for paying off debt, which provides more financial options and security, and cautions against getting financial advice from unverified social media sources.
