Would it be more prudent to pay off some of my student loan debt, or continue to save money?
>>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.
>>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?
>>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.
>>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?