Comment on Dear Penny: Should I Invest My $10K Savings or Use It to Pay Off Debt?

Dear Penny: Should I Invest My $10K Savings or Use It to Pay Off Debt?

Dear Penny,I have $8,400 left on my student loans and $21,000 on a vehicle loan. I'm 30 years old, single, do not own a home and have $52,000 in my 401(k). I make around $58,000 a year and have around $10,000 in savings. Should I use the $10,000 to pay off my student loans or knock down my vehicle

 

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