{"id":3088,"date":"2024-04-02T15:08:00","date_gmt":"2024-04-02T20:08:00","guid":{"rendered":"https:\/\/www.connerash.com\/blog\/?p=3088"},"modified":"2024-05-17T15:12:41","modified_gmt":"2024-05-17T20:12:41","slug":"april-2024-question-and-answer","status":"publish","type":"post","link":"https:\/\/www.connerash.com\/blog\/april-2024-question-and-answer\/","title":{"rendered":"April 2024 Question and Answer"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">QUESTION<\/h3>\n\n\n\n<p>I recently received a financial windfall and wondered if I should invest it or use the extra money to pay down debt.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">ANSWER<\/h3>\n\n\n\n<p>It depends. First, pay any income taxes that may be due on the windfall. Then, consider paying off high-interest credit card debt before any lower-interest loans.<\/p>\n\n\n\n<p>Determine whether it makes more sense to pay off a low interest mortgage or home equity loan where you can deduct the interest or make more by investing to get higher returns.<\/p>\n\n\n\n<p>If investing, consider adding to your emergency or retirement fund.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>QUESTION I recently received a financial windfall and wondered if I should invest it or use the extra money to pay down debt. ANSWER It depends. First, pay any income taxes that may be due on the windfall. Then, consider paying off high-interest credit card debt before any lower-interest loans. Determine whether it makes more &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.connerash.com\/blog\/april-2024-question-and-answer\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;April 2024 Question and Answer&#8221;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39],"tags":[],"class_list":["post-3088","post","type-post","status-publish","format-standard","hentry","category-newletters"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>April 2024 Question and Answer - Conner Ash<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.connerash.com\/blog\/april-2024-question-and-answer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"April 2024 Question and Answer - Conner Ash\" \/>\n<meta property=\"og:description\" content=\"QUESTION I recently received a financial windfall and wondered if I should invest it or use the extra money to pay down debt. ANSWER It depends. First, pay any income taxes that may be due on the windfall. Then, consider paying off high-interest credit card debt before any lower-interest loans. 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