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As someone with a drastically negative net worth, I can honestly say that in this economy having debt around your neck is much more stressful than I am really c
by debacle 14y ago
As someone with a drastically negative net worth, I can honestly say that in this economy having debt around your neck is much more stressful than I am really comfortable with, even considering the low interest rates on student loans.
- dfxm12 14y agoMy point is: is it stressful just because you feel it is stressful, or did you actually put a plan/budget together and feel stressed out after looking at the results of that? Think about this, would you rather be stressed about this now, when you have a lifetime of earnings & potential ahead of you, or later, when you realize you can't retire when you want to because your retirement fund is low? N.B.: I don't know your specific situation, but I'm speaking in general terms/about the article.
- debacle 14y agoLogically, it makes more sense to pay off the loans on schedule, and put additional payments into a vehicle that will provide returns that will outpace the interest rates on the loans. However, personally, I would rather have no debt.