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The following is a post by MPFJ staff writer, Jeff. Jeff writes about Sustainable living and finances at his website, Sustainable Life Blog. Jeff really enjoys traveling with his wife as much as he can, to wherever he can.
Share your experiences by commenting below!
Jacob’s Thoughts – Great post! I think that having the sense of urgency if much needed, especially at first when a person has large amounts of high interest credit card debt because even if they are sticking to the payment schedule, the reality is that it still is costing them a large amount of money each year in interest. After getting the high interest debt paid off, it might actually be wise to step back to think about investing some money at least.
I’m curious – what is the interest rate on your student loans that you haven’t yet paid off? Do you think it might be better to invest at the same time as you are paying those off?
***Photo courtesy of http://www.flickr.com/photos/birddogger/4930697767/