So, I recently have been assessing my level of debt. I passed the level of positive net worth sometime back in February or March. I'm currently hoping to finish paying off all of my debt by this time next year.
|Total Liquid Assets||+13050.88|
I've been debating lately about whether I should move money from my savings and use it to pay down my loans. As it currently stands, the interest rate on my loans is a bit higher than 5% (weighted average) and my savings account earns something a bit above 2% interest. On the other hand, I treat my savings account as a kind of emergency margin. Though I've not yet had need to use it, I am somewhat hesitant to take much from it lest it not be there when I need it.
Published by XPost