while I agree paying your debts is a "sure" thing, I disagree on doing it. I hate to be cash poor but asset rich. if you are buying now it is a problem, but when interest rates were 3 percent and under, I would rather invest the cash than pay off a debt. It is a risk but I would rather make 3 percent over the 3 percent I owe. or if a great need for cash arises I have it on hand instead of not owing on my home or car.