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FINANCIAL-PLANNING5 MIN READ

Pay Debt Or Invest The Bonus

Use opportunity cost and constraints to make one better financial-planning decision.

At 4:45 p.m., Priya has 15 minutes before a client call. The client has $42,000 in cash, a nervous spouse, and three competing goals. If Priya starts with a product answer, she may sound decisive and still solve the wrong problem.

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