""Cancel the debt today. Live debt-free for 2 pay periods, 2 months. If you hate not owing anybody any money, go down to the local credit union, take a $25,000 loan and put it back in the market.""
""It's a soul tax that you pay. It's a sleep tax that you pay. It's a relational tax that you pay.""
""What do you wanna exchange for your freedom? It's a short sacrifice. And winning isn't just in dollars and cents. It's in peace.""
""If you unshackle yourself from people telling you what to do at 23, how fast you can run will astonish you.""
A 23-year-old with $25,000 in student loans and an equal amount in investments faces a decision: pay off the debt or continue investing. Financial advice suggests paying off the loan for guaranteed returns and financial freedom. The guaranteed 4.5% interest rate on the loan surpasses current Treasury yields. While the stock market has historically outperformed, future performance is uncertain. The psychological burden of debt is significant, impacting peace of mind and personal freedom, making debt repayment a compelling choice despite potential investment gains.
Read at 24/7 Wall St.
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