<prompt> Human: I have 19k in school debt and 18k in auto debt. I have 28k total in my bank saved up.Instead of wasting money paying most of the debt, I have been seriously considering putting all my efforts into using my capital for more gain. Basically, I am thinking of starting or investing into a business to make profit monthly this is the hard part and of course there is risk but I was wondering what do you guys think about the concept in general. I feel if I do it right, the gains from using my capital for something that will bring revenue will out weigh paying off debt and relying on my 401k.Edit: Interest rates on the debts are 2.99 for the auto and 3.6 for the school loan  <response>: You wouldnt be wasting the money to pay off the debt. You committed to it, and its yours. Why not pay off the school debt or the auto debt now, and apply your usual payment to pay off the other more aggressively? I say this assuming you have an emergency fund saved up.Also - depending on the type of business you would start, it could take years before you recoup your investment and actually make money, so youd have a harder time paying off any debt. 