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[quote=Anonymous]Saving is good, but getting rid of debt is better. (And if it makes you feel better, it is also a form of saving, since you are getting rid of the interest payments!) I know it feels good to watch your savings account grow, but the financially smart thing to do is to pay off your car and student loans as quickly as you can. I kept a car payment way longer than I should have, just because the payments were reasonable (I could afford them) and I wanted the peace of mind of building up my savings. Definitely something I look back on and kick myself about now. Keep a savings buffer, if you want to, but focus on getting debt-free! It will be an amazing way to start off life with a new baby. :)[/quote]
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