Is it okay to take a break from paying off debt so aggressively?
I currently work 60-70 hrs a week and max out my 401k at 8% and make $2400-$2800~ after rent and taxes. My family pays for food. I am also in 2 graduate courses per quarter.
For the past year I have been making average $1100 car payments (car payment due was only $518 at 10%) and this June I will be making my final payment! My other monthly bills are a $61 medical bill and $137 car insurance.
I also have graduate loans of $22k at 8.08% unsubsidized government and $21k subsidized government at 0% right now, since I am in school.
My current plan was to aggressively pay $1200 toward my grad loans a month, to finish within two years.
However, my family member is getting married and I’ve paid $1800 to go to this wedding on a 0% credit card (0% ends in October).
I am wondering if it is okay to simply put $500 a month toward the grad loan for a few months while I pay off the vacation at $600 a month. It was definitely a splurge to go on this trip and buy the clothes, etc, but I guess I just… want to live a little. I guess I am looking for people to deinfluence me or let me know do this is an okay plan.