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I have a ton of student loans - how should I balance saving with paying off the loans? Does it make sense to save much less and pay much more, save nothing and pay my loans aggressively, or save a great deal and pay my loans conservatively?
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You should always be saving. However, in my opinion I would work to pay off my student loans in a shorter amount of time. Otherwise, you end up paying a lot more than the original loan. Once your loans are paid off, you will probably have a good deal of money more to save.
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It depends on the interest rate. If it is low (3 to 4 percent range), don't worry about it too much. You can get a better return investing. You don't want to tie up your cash flow paying off low-interest loans.
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