They can focus solely on r epaying their debt and
neglect other important aspects of life like saving for retirement or buying a house, or, they could put off repaying their student loan debt, focus their resources on other things deemed more important, and watch as the interest on their student loans accrues into a mountain.
«They can focus solely on repaying their debt and
neglect other important aspects of life, like saving for retirement or buying a house, or they could put off repaying their student loan debt... and watch as the interest on their student loans accrues into a mountain.»
Not exact matches
To avoid
neglecting the most
important aspects of your financial
life, it might be wise to sit down with a financial planner to make sure you're on track with retirement before you start saving money for a vacation or
other treat - yourself goals.