3 ms·Reducing debt is equivalent to accumulating wealth. Your wealth increases as the debt goes down.by nitwit005 9y agoReducing debt is equivalent to accumulating wealth. Your wealth increases as the debt goes down.gowld 9y agoReducing debt by spending your wealth cancels out the wealth increase from reducing debt.nitwit005 9y agoThe interest payments on debt are almost always going to be larger than a "safe" investment would provide in returns, because the lenders need to make money somehow.