Re: Financial Surplus...
lucasrd,
My gut feeling is you're not with-holding enough in your paycheck for taxes, but I couldn't know your situation so whatever your accountant says (what about your quarterly taxes for your side biz?) When I started out I paid off my debts as soon as I could before I went into investing. It felt very disruptive to my sense of well-being to go into investing when my debts + interest were cutting into my net yields. I had large debts so this took a while, but after all my car, consumer loan, and student loan debts were gone, it felt like a humongous weight was off my back and I could really go all out with savings and investing. I know others prefer living in a more complicated financial situation. Student loans are deductible if your income is below a certain level but you're still paying net interest, not receiving money - again your accountant would advise you here too.
Ima, I didn't think you'd be such a stickler - patek philippe then.
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