Tuesday, September 16, 2008

Lended

Got my student loan statement/bill yesterday. I owe $3001.20. I have more than that in my savings account. Would really like to pay the damn thing off.

Should I?

5 comments:

heels said...

I think that's an interest incurred vs. potential other use for that money kind of question. I'm sure it would feel nice to have that gone forever, though. I know I can't wait until John's is.

Anonymous said...

Patience, good sir ... Increase your payments ... But patience...

Anonymous said...

I agree with AE, increase payments, but I also think that you could give one big payment of a 1/3 or 1/2 and then increase the remaining payments.

Jazz said...

It all depends how much interest you're paying and how much you'd save by paying it off in one payment.

Plus, if you pay it off in one shot, how are you for emergency cash...

Which reminds me, has the governator put you on minimum wage yet?

ticknart said...

The governator has not been able to sue his way into only paying us minimum wage, yet. It doesn't really matter, though, since the controller said he'd run out of money to pay people at the end of this month.