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re: How much money do you put in savings every paycheck?
Posted on 12/4/12 at 10:22 pm to jclem11
Posted on 12/4/12 at 10:22 pm to jclem11
quote:
I put 6% in 401K to get the company match. I do not have any other retirement accounts set up. I have $11.5K in student loans to pay off at roughly 5% interest. Should I put all my extra money towards them to get them paid off ASAP and then start saving or try to do them both?
Absolutely keep contributing up to the match on your 401k. That is free guaranteed money.
Put every other dime you can towards knocking those student loans out.
1
Posted on 12/4/12 at 11:14 pm to jso0003
quote:
Absolutely keep contributing up to the match on your 401k. That is free guaranteed money.
Put every other dime you can towards knocking those student loans out.
That's what I plan to keep doing. Hoping to have them gone within the next 12-18 months.
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