@mandy_fries @auburnlad @_ErikaLeigh I’m just going to chime in here and add that as I’ve worked on paying off student loan debt I’ve gotten some great advice from very financially-minded people. One thing I’ve learned it’s actually better to have $0 in your bank account and pay off anything costing you interest.
@mandy_fries @auburnlad @_ErikaLeigh The thought behind this is any debt costing you interest will be a bigger percentage than you’d be earning in a bank account or sometimes even a higher interest savings plan. Therefore, you should put that “extra” $25 toward whatever debt has the highest interest.
@mandy_fries @auburnlad @_ErikaLeigh That will enable you to “pay yourself” faster and more effectively as you go down the line.
