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re: Paying Down Debt Vs Saving

Posted on 2/6/16 at 8:56 am to
Posted by I Love Bama
Alabama
Member since Nov 2007
37767 posts
Posted on 2/6/16 at 8:56 am to
How much is the student loan debt? Personally, I would take the guaranteed 5.6% return.

I'm actually in a similar situation with one of my rental properties and have decided just to pay it off this week.
Posted by gobuxgo5
Member since Nov 2012
10033 posts
Posted on 2/6/16 at 8:58 am to
I think you read my post wrong. I pay 5.6% interest in the student loans. I owe 61k between both student loans.

My 401k is currently pulling in a negative interest rate.
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