A 27-year-old Canadian sought advice on Reddit about whether to pay off debt or buy a house. They have $1,500 in savings, $11,000 in credit card debt at 12% APR, a $4,000 car loan at 7.99% APR, and $1,500 in monthly expenses, earning $3,300 monthly after taxes. Redditors advised paying off debt first due to the higher APR on the credit card. Suggestions included reducing expenses, taking up a side hustle, and investing money after paying off debt. Prioritizing credit card debt repayment is key before considering buying a house. Index funds were recommended for investment opportunities post-debt repayment.

Read more at Yahoo Finance: At 27 With $12K In Debt, Should You Buy A Home Or Pay Debt Off First?