I know this isn’t as much as a lot of people, but I have over $40k in student loan debt and it feels completely overwhelming. My interest rate is 5.15%, which I think is pretty good based on what my friends are paying. I just HATE (and I really mean hate) paying that interest every month. Here’s where I could use some help from people who have been here before….
I just got a raise (yay!) and now I have about an extra $750 every month to put towards my loans. The problem is I’m getting conflicting opinions about whether that’s the right thing to do with that extra money. I’ve watched some Dave Ramsey videos and I know he would say to put it towards my loans, but some people at work said that it would be better off for me to put it in savings since I don’t have a big safety net yet.
What do you guys think?
Submitted February 16, 2019 at 11:15AM by Lpickle http://bit.ly/2DKFnSn
