I need some advice on a financial matter. I am currently in college and working park time. I was thinking about taking next summer off to backpack through Europe. A trip to Europe costs about $4500. I started wondering if I should take this once lifetime opportunity to travel or put the money to better use.
My current financial situation:
1, 500 in the bank
No credit card debt
Car is already paid off
8k in student loans
5k in a mutual fund
Should I take the trip to Europe or use the money to pay down student loans or invest the money?
My current financial situation:
1, 500 in the bank
No credit card debt
Car is already paid off
8k in student loans
5k in a mutual fund
Should I take the trip to Europe or use the money to pay down student loans or invest the money?