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re: Paying Down Debt Vs Saving
Posted on 2/6/16 at 9:16 am to jimbeam
Posted on 2/6/16 at 9:16 am to jimbeam
Also checked a few articles on Google. It doesn't seem to recommend paying student off loans quickly at that interest rate.
It's just stressful seeing those balances.
It's just stressful seeing those balances.
This post was edited on 2/6/16 at 9:17 am
Posted on 2/6/16 at 9:33 am to gobuxgo5
My paying your debt, you are effectively getting that rate of return on your cash.
I completely know where you're coming from. Debt bothers me.
You're in the grey area as far as paying it off. I know I would make it a priority. Any rate under 5% I don't worry about but my rental is at 7% so it bugs the heck out of me.
I completely know where you're coming from. Debt bothers me.
You're in the grey area as far as paying it off. I know I would make it a priority. Any rate under 5% I don't worry about but my rental is at 7% so it bugs the heck out of me.
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