One can manage paying off student loans while investing by creating a budget that includes both these financial goals. It's important to prioritize paying off student loans, especially those with high interest rates. However, it's also crucial to start investing early, even if it's a small amount, to take advantage of the power of compound interest. One strategy could be to allocate a certain percentage of income towards loan repayment and a smaller percentage towards investments. It's also beneficial to increase investment contributions as the loan balance decreases. Financial advisors can provide personalized advice based on individual circumstances.
Do you long for the day when you can work less and travel more? Do you fear that you’ll never have e...
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