When to pay small-ish student loans?
I feel I’m getting a late start but here I am.
Mid 30s, stable job, over 30k in a high yield savings account, 10k in a 401 k, and no credit card debt. The only thing I have hanging over my head is a $7,000 student loan.
Should I bother trying to pay that off quickly now that I have some money in the bank?
I have no mortgage or car payment, no cc debt, or any other debt just the student loan. I don’t want to let off the gas with my savings. Will it really come back to bite me that bad if I don’t pay it? What’s the best strategy if I do pay it off?