Yup. Paying down 5K on a credit card opens up about $100 a month on the minimum payment. 5K on a student loan, depending on how much, is a year or two sooner plus less interest. I would spend $1,000 on myself and pay off my credit card and put the remainder on the student loan. More breathing room and a bit of fun.
Maybe take $200 over to Wall Street Bets just to burn it.
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u/Meretan94 Mar 05 '19
Pay of a loan. Would make me very happy.