I'm about to empty my bank acct and drop $20k to slay my student loans

FLATOP

Superstar
Joined
Jan 29, 2014
Messages
6,351
Reputation
1,960
Daps
38,719
my brain is real compartmentalized. This is my only source of debt. I'd feel more confident to make other investments if all this was erased now.

Taking on more debt through a home loan or business loan makes me seasick with this still being over my head
 

froggle

Superstar
Joined
May 2, 2012
Messages
9,164
Reputation
1,565
Daps
49,439
Reppin
NULL
Breh just pay it. All these nikkas in here giving you fantasy advice. You made one 20k you can make another

Be debt free and start your real life
I had the opposite mentality yearsss ago and regretted it. Had a $20k debt and shoulda paid it off at the time and they say invest it blah blah.......then life comes in the way and your like :francis::francis::francis::francis:

you will ALWAYS be able to get money, if you don't look at it as a scarce resource. Debt = Slavery :yeshrug:
 

Sad Bunny

they/them
Supporter
Joined
May 2, 2012
Messages
72,611
Reputation
2,082
Daps
162,553
My mouse is hovering over the button rn

Someone anyone give me a good reason not to click :wow:

Debt free life vs payment plans. I could save this for a down payment on a home tho...:francis:
You should do this immediately
 

old pig

Veteran
Supporter
Joined
Nov 12, 2017
Messages
105,181
Reputation
20,016
Daps
437,502
I wouldn’t pay all of it @ once...nor should you just pay the minimum...it just doesn’t seem prudent to dead all your savings like that...if $20k is what you owe pay like $1000-1500/mo. and keep shyt in the bank for a real emergency if needed god forbid...you’ll be out of debt in a year/year and a half
 
Top