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Would it be more prudent to pay off some of my student loan debt,

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Would it be more prudent to pay off some of my student loan debt, or continue to save money?
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>>1695896
open a forex account and trade
>>
well, you know, student debt will increase a lot faster than your savings will
>>
Student loan debt is consumer debt, which is bad debt, and should be paid for as soon as possible.
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>>1695904

Too risky.

>>1695905

Sure, but interest on my debt is tax deductible, at least.

>>1695910

It's mostly a psychological thing-I hate having debt, and it's like having a constant burden on my shoulders.
>>
do the math and figure it out for yourself

interest on savings - taxes >= interest on loans - tax deductions?
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>>1695941

My savings is really just some cash I have and some money in a checkings account.

I'm so poor I wonder if it matters one way or another what I do. It's like being reminded of all my poor life choices everytime I dole out more dollars to my SL debt.
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>>1695945
save up 3-6 months of living expenses before paying off your debts
>>
What's the interest rate on your loan?

If you can beat that in the market, why pay it off?
Thread posts: 9
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