case: (Default)
Case ([personal profile] case) wrote in [community profile] fandomsecrets2021-06-22 05:16 pm

[ SECRET POST #5282 ]


⌈ Secret Post #5282 ⌋

Warning: Some secrets are NOT worksafe and may contain SPOILERS.


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Notes:

Secrets Left to Post: 01 pages, 22 secrets from Secret Submission Post #755.
Secrets Not Posted: [ 0 - broken links ], [ 0 - not!secrets ], [ 0 - not!fandom ], [ 0 - too big ], [ 0 - repeat ].
Current Secret Submissions Post: here.
Suggestions, comments, and concerns should go here.

Re: Paying off loan vs nest egg

(Anonymous) 2021-06-23 12:02 am (UTC)(link)
I say, if the $3500 pays off the loan entirely, and you still would have *does math* $4500 in your emergency fund, AND you can then start putting the money you used to put towards the loan payments into the emergency fund, then yes, pay it off. You can use the money you used to use for the loan payments to build the emergency fund back up more quickly than you otherwise would have been able to, and then at some point, when you feel you have enough in the fund, you can figure out if there are other things you should do with that extra money (retirement, other savings, some kind of needed purchase, etc.)