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  1. W

    Pay off student loan with emergency fund?

    Wanted to update you guys. I paid off the loan completely. The feeling of freedom is unbelievable. My tax return will go back into the emergency fund and i'll let that build up again every month. I've already applied what i usually pay towards student loans into my 401k. A little bit closer...
  2. W

    Pay off student loan with emergency fund?

    Thanks guys
  3. W

    Pay off student loan with emergency fund?

    Well they match up to 6%. I'm currently putting in 9%. So i'm a couple of thousand away from the 16,500 limit. Doing away with the student loan would give me the ability to contribute a little more.
  4. W

    Pay off student loan with emergency fund?

    Wow thanks for all the replies. I feel pretty secure with my job status. The EF right now would handle about 8 months of bare necessities otherwise. I just don't like still having these loans. With them paid off i could get closer to maxing out the 401k or just dump that back into the EF...
  5. W

    Pay off student loan with emergency fund?

    Hi folks, wanted to get your friendly advice. I owe around 9k in student loans at about 6%. I have 20k in savings for emergencies. Should i pay off the loans with my savings or should i attack these loans more aggressively? I pay about $100 more than the minimum every month. Thank you for...
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