Hello, I am approximately ~$52k worth of student loan debt after graduating from law school. However, I currently have about $8k in stocks from my grandfather, and I have another $9k in a robinhood account of my own (I'm invested long term and I'm not looking to move this $9k).
Right now I have a very modest public service job and make about ~40k/yr, and after taxes I take home a lot less (my city has high taxes)
I heard it is best to pay off all the interest so then you can start paying principal. Right now, I could pay off the entire interest (about $4k right now) if I liquidate the stocks from my grandfather. I was wondering what the advantage to doing that is, and also what is the best way to go about paying off these loans.
Thanks, Im very new to this and appreciate any advice
Submitted September 07, 2018 at 07:32PM by treytwofive https://ift.tt/2CJiyRZ
