Category Archives: student loans

Should I Pay Down My Student Debt or Save More?

For the past twelve months I’ve been weighing the merits behind saving whilst I pay down my student loans versus throwing as much as I can at my outstanding balance and leaving my savings account to flat-line.  And when I say savings I am talking about long-term savings here (ie. retirement).  There may be a valid business case to save up for a car while you pay down debt (or even borrowing more to buy a car sooner).  As we’ll soon find out, you just need to be sure the return outweighs the cost.

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