For many who end up getting a little extra cash in your savings account – out-of a tax refund, a plus, otherwise away from life under your means – it’s also possible to inquire how to proceed with this specific bucks. In the event that you put it on your own student loan or invest they?
So it decision hinges on numerous issues, such as your interest rates, income tax rates and private taste. Let us break it down that have a general laws you can utilize and additionally several things you ought to thought when creating so it choice for yourself. Continue reading