Ask Dhirendra: “Is it okay to invest if my finances aren’t perfect yet - or should I fix everything first?”

Financial advisors often find clients prioritizing investment choices over fundamental financial health. The article stresses the importance of addressing high-interest debt and establishing an emergency fund before focusing on mutual funds. It outlines a sequence: protect, fix leaks, then chase returns, emphasizing guaranteed returns from debt repayment.

Ask Dhirendra: “Is it okay to invest if my finances aren’t perfect yet - or should I fix everything first?”
Financial advisors often find clients prioritizing investment choices over fundamental financial health. The article stresses the importance of addressing high-interest debt and establishing an emergency fund before focusing on mutual funds. It outlines a sequence: protect, fix leaks, then chase returns, emphasizing guaranteed returns from debt repayment.