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re: Pay Extra on Student Loan vs Invest?

Posted on 2/13/24 at 1:17 pm to
Posted by Roux57
Da Boot
Member since Jul 2021
130 posts
Posted on 2/13/24 at 1:17 pm to
No note on her car, few more payments on my truck at $270/mo, but I pay a little extra on it. Once its done, will roll what im paying on it into her student loans. For reference, we just started budgeting together after she moved in recently. Getting married in 4 months.

Honestly, we believe the feeling of getting them completely paid off in 18 months, debt free aside from my 3% interest mortgage, will completely outweigh any other situation. I've quickly learned the last few years that I cannot stand owing someone money, eats me up.
Posted by Weekend Warrior79
Member since Aug 2014
16496 posts
Posted on 2/14/24 at 11:37 am to
quote:

I've quickly learned the last few years that I cannot stand owing someone money, eats me up.

Then get rid of it and don't think twice. Also since you are considering kids in the next few years, having this gone around the same time you'll be so use to not having these funds that the financial impact of kids could be minimized.
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