Struggling with high interest debt? Reframe Debt as a Return

Debt is typically perceived as an obligation rather than a return on investment. The interest rate you are paying on a loan should be viewed in parallel with the opportunities available in other assets. Have a sub 3% mortgage when the current 30 year fixed rates are at 6%?? Keep it and pay it down slowly! Have a 20% rate on your credit card balance? Pay that balance down as soon as possible. You aren’t getting a 20% return on average from ANY risk asset.