I would think so, yes. I was always taught to pay off debt then invest. I would also work on reducing your monthly bills. Your rent payment seems very high I would be looking for somewhere much cheaper. I live in Pennsylvania and currently pay 500 a month for a very nice small apartment.I am paying 2600/mo and planning to pay additional 30k per year. This should get paid in 4 years. Do you mean I should be investing less and paying more of the loans?Paying off debt is risk free.
Debt:
- 216,500 – student loan debt
If this matters, don’t like big risk.
I'd work on that.
Regards,
Statistics: Posted by LanceSoFast1 — Thu Apr 18, 2024 12:11 am — Replies 26 — Views 2904