Invest or Pay Down Debt? Plus How to Save Big This Holiday Season

Invest or Pay Down Debt? Plus How to Save Big This Holiday Season

Published on Oct 23
1416
NerdWallet's Smart Money Podcast
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Learn how to handle holiday shopping in an increasingly expensive spending environment. Plus, lightning round insights around debt, investing, and savings goals.  How should you prepare for holiday shopping when tariffs and inflation are leading to higher prices? When should you prioritize paying off your mortgage versus investing in the market? Hosts Sean Pyles and Elizabeth Ayoola welcome back senior news writer Anna Helhoski  and data writer Erin El Issa to dig into holiday shopping trends, including ways you can save on gifts and travel while reducing stress.  Then, Sean and Elizabeth jump into a lightning round to answer a number of listener questions. They share insights on how to weigh the opportunity cost of paying off a mortgage versus investing in the market. They also look into how to better understand what your robo advisor may be investing in. And they talk about some of the smartest places to stash cash — like high-yield savings accounts or CDs — if you are planning for...