Читать книгу Financial Adulting - Ashley Feinstein Gerstley - Страница 61

By everything else I mean deciding between paying off student loans, investing outside of retirement accounts, saving for a home, and everything in between. Here it's a matter of balancing what makes the most sense financially with what's important to you.

What makes the most sense financially typically depends on interest rates, both the interest rates you're paying for debt and the interest rates you would earn by investing the money. Interest rates on student loans vary widely but it's typically recommended that if the interest rate on your student loans is 7% or more, it makes sense to prioritize paying those down before investing outside of retirement accounts (which have added tax benefits).

While these are great guidelines, you can't ever be sure what your investments in real estate or the stock market will earn during the years you decide to invest and not pay down your debt. It's always important to keep your motivation in mind. If your student loans don't bother you, and you're really excited to get started investing, you might decide to allocate funds 50/50. It doesn't have to be all or nothing.

Add a priority ranking to each goal, starting with #1 (top priority) and working your way down.

Goals	Priority
Example: Build minimum rainy-day fund	#1