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Money and Finances
Reply to "Single parent in need of debt management/savings advice"
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[quote=Anonymous]10:11 here. I think with money you have to think of it in terms of cost benefit. So by paying off your loan aggressively you aren't using that money for the "house payment". Housing loans are closer to 3.5% - 4% so your student loans are much lower in terms of interest. Since your interest on the student loans are so low I would just pay the minimum amount on it for now. Try to save more for your house downpayment. I don't think 8% is a pipe dream. I think the stock market has been doing pretty well this past year or so. I would invest in a monthly debit into a place like Vanguard. This way it dollar averages and your risk is lower. [/quote]
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