Help with making financial decision stu loan!

[snafu]

Glad you see progress in such a short time. What did you choose for ROTH investment?

[maat55]

Without knowing your goals(marraige,house, or staying put), I would just follow Daves baby steps.

If you plan to stay put and are secure with low cost of living, I would set aside 10k in an emergency fund, apply the rest to the SL and work towards paying it off. After payoff, devote 15% towards roths and other and establish car and house funds.

If you intend to move in the near future, you could keep your current savings and pay aggressively towards SL's until your situation changes. If you move out, you will treat any existing loan as part of the mortgage and follow the baby steps.

[chrisburke21]

Pay the min at that low of an interest rate! You should put any additional money into a retirement account where somewhere between 5 and 8 percent.