Comments on: Why you should worry about interest http://www.bluntmoney.com/why-you-should-worry-about-interest/ Thu, 17 Dec 2009 12:51:43 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Amanda @ Me vs Debt http://www.bluntmoney.com/why-you-should-worry-about-interest/comment-page-1/#comment-34488 Amanda @ Me vs Debt Thu, 06 Mar 2008 01:39:33 +0000 http://www.bluntmoney.com/why-you-should-worry-about-interest/#comment-34488 Funny because I was thinking about his earlier in the week. I have a huge student loan debt at about 4.5% average. The interest is tax deductible so you could say its below 4%. I AM worried about this, but I don't have the money to pay up front. So would it be better to make extra payments of $500/month or invest that money for the purpose of paying off the loan. My guess is that it would be a financially wise decision to invest. (Even though I'd like to just get rid of it, I hate debt!) Funny because I was thinking about his earlier in the week. I have a huge student loan debt at about 4.5% average. The interest is tax deductible so you could say its below 4%. I AM worried about this, but I don’t have the money to pay up front. So would it be better to make extra payments of $500/month or invest that money for the purpose of paying off the loan. My guess is that it would be a financially wise decision to invest. (Even though I’d like to just get rid of it, I hate debt!)

]]> By: Everybody Loves Your Money » Blog Archive » Carnival Of Personal Finance #75 http://www.bluntmoney.com/why-you-should-worry-about-interest/comment-page-1/#comment-571 Everybody Loves Your Money » Blog Archive » Carnival Of Personal Finance #75 Mon, 20 Nov 2006 03:27:50 +0000 http://www.bluntmoney.com/why-you-should-worry-about-interest/#comment-571 [...] Bluntmoney @ Bluntmoney.com tells you why you should worry about interest! [...] [...] Bluntmoney @ Bluntmoney.com tells you why you should worry about interest! [...]

]]> By: Ralph http://www.bluntmoney.com/why-you-should-worry-about-interest/comment-page-1/#comment-549 Ralph Wed, 15 Nov 2006 14:44:46 +0000 http://www.bluntmoney.com/why-you-should-worry-about-interest/#comment-549 The rate is low enough on student loans that they should be paid of after all other non-deductible loans that have a higher interest rate (such as CC). I'd generally agree with then paying off the student loan, unless you definitely intend to borrow to invest at a higher interest rate (say margin loans for stock purchases). As with all things PF, it's horses for courses. Regards http://enoughwealth.blogspot.com The rate is low enough on student loans that they should be paid of after all other non-deductible loans that have a higher interest rate (such as CC).

I’d generally agree with then paying off the student loan, unless you definitely intend to borrow to invest at a higher interest rate (say margin loans for stock purchases).

As with all things PF, it’s horses for courses.

Regards
http://enoughwealth.blogspot.com

]]>