Updated almost 6 years ago on . Most recent reply

Should I focus on REI first or eliminating my student loan debt?
I have quite a huge student loan debt, which is the only type of debt I have. I would like to get into REI immediately but like to know the smartest move to make.
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This would be easier to answer if we know how much student debt you have and how much you earn? There is a huge difference between you owing $18,000 and $300,000.
If you owe $18,000 and make $100,000/yr, then I suggest you pay it off as soon as possible. Postpone investing until after you are finished. If you owe $300,000 and make $20,000 then I suggest you put off investing or paying the loan down until after you can greatly increase your income.