How to Make a Million Dollars. I don't make your life, I make your life better. The personal finance blog of a young professional saving 1 million dollars for retirement. This site focuses on saving money, making money, investing money, and increasing net worth.
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A nice benefit of paying off all that debt is a great credit score when you're done! Assuming the payments are on time.
ReplyDeleteMy thoughts on this are that having student loans isnt a bad thing unless the interest rate is more than 6%. For most college students from the last 8 or 10 years have enjoyed lower interest rates. So I would recommend just paying those off in time and file them under "good debt" -- why throw all your money at your student loans when the value of the loans are being lowered by deflation? You're better off putting your money to work and getting higher returns to offset the the same loss of inflation on your cash/savings. My two cents.
ReplyDeleteBTW! Thanks for adding us to your blog roll! I just noticed that! =) Oh I guess you want a chiclet too, was that it? haha
Alright amigo, have a good one
Juan Millon (1mil)
Yeah Juan, your chicklets rock, I hope you get a flood of people to come check out your site millionster.com I'd love to have one of those custom made chicklets.
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