Once the real paychecks start, paying off your debt as fast as you can may seem like the best way to get ahead. But that game plan could leave your finances at a permanent disadvantage down the road.
Saving for later and paying off the past doesn't have to be an either/or proposition. Doing both just takes some planning.
Why not put all your "extra" money toward paying off debt? Though it's a personal decision, starting early with investing could benefit you in the long run. Consider this: Investing the exact same amount each month, you could end up with over $300,000 more if you start investing at age 30 instead of 35.
However you decide to tackle your finances, it makes sense to learn more about how investing can get you to where you want to be.