facebookShould I begin investing as well or should I just focus on paying off my student loan? - Seedly

Anonymous

18 Apr 2019

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SeedlyTV

Should I begin investing as well or should I just focus on paying off my student loan?

I have a student loan to clear off within the next year as I just graduated but earning a stable salary now of $3,000 gross. So I was thinking of allocating a larger chunk of my take home to paying down my debt vs some amount to start investing. Do you think that is a viable option or do you recommend clearing down my student debt first?

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Han Jinyuan Larry

27 Mar 2019

SwimSafer 2.0 Instructor & Assessor at SWIMWITHUS

If your student loan have additional costs for your early redemption in full or partial than perhaps it is better to allocate that extra spare cash towards investment.

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