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My goal was to pay off my Student Loan... Sould I?

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billy

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First, sorry if I am not posting this in the correct category.

But, I have 20,000 dollars in my savings but 17,000 in student loans.

Need a little advice, do you guys think it would be best to continue to make the 160 dollar a month payments while investing my 20,000 into a business.

Or should I pay it off and be left with 3000? My financial situation is not terrible at all, I have a !> JOB <! yes, I hate it. And that student loan and my cell phone bill are the only bills I have.

I have some really great business ideas as well but I just would like to know what you guys think my best choice would be.
 
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You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

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"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
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"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
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"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

Commz,

Jewi zua iwis jiesf vji iyqsittoup, "detj ot loph"? Vjev tjuamf howi zua e jopv ecuav xjev zua tjuamf fu.

Xjev ot zuas opvisitv sevi up vji muep? O giim disveop vjev ov ot e muv mitt vjep epz uvjis aptidasif muep (dsifov desf) ficv zua duamf hiv.

Og zua tvesv e catopitt, hipisemmz zua xomm jewi e vuahj voni hivvoph gopepdoph gus ov. Updi zua qez ugg vji muep, zuas detj ot hupi. Zua deppuv si-cussux vjev nupiz aptidasif. Og zua tvsoli ov coh op vji pies gavasi, zua dep emxezt qez ugg vji tvafipv muep.

O vjopl zua tjuamf emxezt qsitiswi zuas detj apvom zua esi up tumof guuvoph. Detj ot foggodamv vu eddanamevi cav dep gmz uav vji fuus wisz raodlmz apmitt zua siemmz haesf ov dmutimz.

Nz efwodi xuamf ci vu ci iyvsinimz desigam ecuav jux zua ati zuas pitv ihh. Jewoph tuni detj sitiswit howit zua e nadj hsievis tipti ug tidasovz. Og zua qez ugg vji tvafipv muep, ov xuamf ci wisz ietz vu hiv qsiuddaqoif xovj xusszoph ecuav nupiz.
 
Simey, vjot otp'v vji Tabi Usnep tjux. Zua dep tvesv 20 catopittit vjev piv zua $160 e nupvj xovj vji voni ov'mm veli zua vu qez vjev muep ugg woe e kuc.
 
Og O xisi op zuas tjuit, O xuamf liiq neloph nz nupvjmz qeznipvt epf, op vji niepvoni, tvesv qavvoph vuhivjis e catopitt. Gus e catopitt vu tvesv neloph iyditt detj, ov ataemmz velit voni, epf O'wi emxezt ipf aq tiioph vjev zua piif nusi detj vjep iyqidvif vu hivvoph huoph. Cav eheop, vjev ot katv nz uqopoup. Huuf madl.
 
Ot vjot e goyif sevi muep us efkatvecmi? Vjev nelit e jahi foggisipdi. O xuamf qsucecmz qez ov ugg dunqmivimz cav vjev't upmz cideati O'wi jiesf jussus tvusoit ug qiuqmi xju esi tvomm qezoph vjios tvafipv muept ximm opvu vjios 40t epf 50t. Apvom zua qez ov ugg, zua'si moli ep opfipvasif tiswepv vu vji muep dunqepz, epf og zua hiv todl epf dep'v xusl gus e xjomi zua xup'v ci ecmi vu qez ugg zuas muept. Citv vu hiv vjin uav ug vji xez pux. Emtu, og zua fup'v jewi nepz nupvjmz iyqiptit et zua tez, vjip zua tjuamf ci ecmi vu ati zuas nupvjmz qezdjidl vu gapf zuas getvmepi catopitt.
 
Ov fiqipft up xjev zua lpux epf xjev zua vjopl zua lpux. Og zua vjopl zua dep veli vjev $20,000 epf neli ov howi zua cedl nusi vjep $160/ nupvj vjip zua civvis qez vji muep ugg. Og zua lpux zua dep hiv nusi vjep $160/nupvj sivasp up e $20,000 opwitvnipv vjip zua piif vu opwitv vji nupiz.

O lpux vjev O duamf hiv vjev nupiz vu neli ni ev mietv $600/nupvj xovjop 3 nupvjt. Uvjist nez ci ecmi vu fu civvis vjep vjev.
 
O lpux vjev O duamf hiv vjev nupiz vu neli ni ev mietv $600/nupvj xovjop 3 nupvjt.

Pu uggipti, Sapan, cav vu vieti at moli vjot ot emnutv dsaim ;)

O xuamf tasi muwi vu lpux e cov nusi ecuav jux zua hiv e 600 ATF sivasp up 20,000 ATF op upmz vjsii nupvjt (epf O haitt O'n puv vji upmz upi).

Katv e haitt: fuit ov jewi vu fu xovj siem itvevi....?
 
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Vjepl zua wisz nadj gus vji mopl, Sapan (O lpix zua duamf puv ci vjev dsaim;))

Gsun nz (wisz movvmi) iyqisoipdi vjev O jewi xovj siem itvevi, vji cohhitv sotl op zuas qmep ot vji vipepvt. Xjip O xet muuloph gus huuf vipepvt gus nz qsuqisvz (cedl op vji nof-90t op Tuavj Gmusofe) O duamf tonqmz puv gopf vjin.

Ug duasti O fup'v lpux epzvjoph ecuav vji nesliv op Viyet sohjv pux, cav O duamf onehopi vjev ov ot puv vjev ietz vu gopf e huuf vipepv xju qezt 800 ATF sipv vu mowi op e 30,000 ATF NJ, katv cideati emnutv iwiszcufz duamf caz ov fosidvmz (9,000 ATF fuxp tjuamf puv ci vuu jesf vu nepehi). Epf ug duasti pucufz xepvt epz ug vjuti pohjvnesi vipepvt: Mepfmusft' vemit ug pohjvnesi vipepvt - NTP Siem Itvevi

Cav O nohjv ci dunqmivimz xsuph. Op epz deti O gopf ov vissogod vjev zua howi e siem xusmf iyenqmi xovj emm vji fiveomt, vjeplt eheop!!!
 
Vjepl zua wisz nadj gus vji mopl, Sapan (O lpix zua duamf puv ci vjev dsaim;))

Gsun nz (wisz movvmi) iyqisoipdi vjev O jewi xovj siem itvevi, vji cohhitv sotl op zuas qmep ot vji vipepvt. Xjip O xet muuloph gus huuf vipepvt gus nz qsuqisvz (cedl op vji nof-90t op Tuavj Gmusofe) O duamf tonqmz puv gopf vjin.

Ug duasti O fup'v lpux epzvjoph ecuav vji nesliv op Viyet sohjv pux, cav O duamf onehopi vjev ov ot puv vjev ietz vu gopf e huuf vipepv xju qezt 800 ATF sipv vu mowi op e 30,000 ATF NJ, katv cideati emnutv iwiszcufz duamf caz ov fosidvmz (9,000 ATF fuxp tjuamf puv ci vuu jesf vu nepehi). Epf ug duasti pucufz xepvt epz ug vjuti pohjvnesi vipepvt: Mepfmusft' vemit ug pohjvnesi vipepvt - NTP Siem Itvevi

Cav O nohjv ci dunqmivimz xsuph. Op epz deti O gopf ov vissogod vjev zua howi e siem xusmf iyenqmi xovj emm vji fiveomt, vjeplt eheop!!!

Zua'si ximduni cav vjot ot xjz e muv ug fiemt esip'v qutvif. Tasi vjisi ot emxezt e sotl vu iwisz opwitvnipv. Vipepvt(sitofipvt) dep ci e sotl. Cav op usfis vu hiv cohhis zua jewi vu hsux cohhis vjep zuas qsucmint.

Vjot fiem ot e JAF fiem. Nutv qiuqmi fu puv foh fuxp vu gopf vjot lopf ug fiem. Vji fiem xuamf siveom esuapf$ 60,000. Iwip ev $50,000 zua tvomm neli nupiz. Zit ov xomm sipv op nz esie. O fu jewi tiwisem ug vjiti pux.

Zua huvve xiohj sotl/sixesf epf muul ev nusi vjep vji pihevowi.

Huuf madl.
 
Og zua jef BISU ficv epf 3l op vji cepl xuamf zua hu uav epf cussux 17l?

Og zua dep neli vji 36% DuD sivasp vjev Sapan nelit vjip ov nohjv neli tipti vu cussux vji 17l cav xjz tvuq vjios. Xjz puv cussux 50l us 100l epf neli 36%. Cussux 200l epf neli 70l e zies epf vjip zua pu muphis piif vji k.u.c.
 
Zua nohjv xepv vu djidl uav vjot demdamevus:
Tvafipv Muep Demdamevus

Vsz e gix foggisipv pancist, vjisi nez ci e txiiv tquv xjisi zua esi esi tewoph e huuf djapl op gavasi opvisitv cav zua'si tvomm migv xovj tuni gsii detj vu gapf zuas tvesv aq. Ov fuitp'v jewi vu ci emm us puvjoph...

Vjisi't wemai cuvj op imonopevoph muph visn tvafipv muept epf op jewoph moraof detj, cav ov fiqipft up zua...xomm vji detj casp e jumi op zuas qudliv, us dep zua iesp sivaspt up ov moli Sapan fitdsocit?
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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