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BUS 215 Week 4 Discussion 2, Debt Reduction
BUS 215 Week 4 Discussion 2, Debt Reduction 
 
You read in Chapter 13 that it is vital toreduce your credit card balances and other consumer credit before beginning an investment program. You also need tostart an emergency fund incase of immediate need. Why do financial advisers make such recommendations? Why should you reduce spending on credit before investing? Why shouldn't you carry large consumer debt and invest at the same time?
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BUS 215 Week 4 Discussion 2, Debt Reduction 
 
You read in Chapter 13 that it is vital toreduce your credit card balances and other consumer credit before beginning an investment program. You also need tostart an emergency fund incase of immediate need. Why do financial advisers make such recommendations? Why should you reduce spending on credit before investing? Why shouldn't you carry large consumer debt and invest at the same time?