Pay off your debts
The best investment you can make is to pay off your debts. Why pay 8 per cent on your home loan or 17 per cent on your credit card and earn just 3 or 4 per cent on bank savings.
Every $100 you use to pay off your debts is another $100 you are not paying 8 or 17 per cent interest on. Remember, a dollar saved is a dollar earned.