My goal for 2018 is to pay off the remainder of my student loans. I have about $11k in student loans that I could have paid off by the end of the year, Lord willing, if I throw all of my extra cash at these loans. The highest interest rate on one of my loans is 5.06% ($2.7k balance as of now). I have been so intense at paying off these student loans, per Dave Ramsey's Baby Steps program, that I haven't even considered the alternative: taking that extra cash and building a 6 month emergency fund instead, which would be about $12k (even though it's against the order of the DRBS program). What should I do? Put all of my extra money at my student loans, or build my EF? I make $30k a year, but live with my parents and want to move out soon.
Submitted March 10, 2018 at 04:04PM by BeefJerkyFan90 http://ift.tt/2FvJQrI
