Got a hike/bonus: Should I pay loans/invest?

Hike or Bonus in Salary
So you have been awarded with a hike or bonus in your salary, Congratulations!. Now you are faced with a huge predicament: "Should I use the extra income to pay off your loans or save for your future?" You cannot miss out your loans at any cost and should meet your monthly minimums at least. But the question of loan or investment should arise only if your income exceeds your expenses and mini...
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