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Money and Finances
Reply to "WWYD first--pay down debt or save?"
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[quote=Anonymous]I have student loans as well with a similar interest rate, and we paid off a chunk so I'm technically ahead and don't owe a payment every month - still, in trying to pay them off sooner than later, I usually make a payment of double the accrued interest for that month, so that some still goes toward principal. In your case I would not stop making payments altogether, but would be sure to pay the accrued interest each month. That would save a little extra each month and that extra would add up and hopefully make DH feel better. [/quote]
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