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Pay loan off or keep the saving

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  • Thanks guys.... I can see from the argurment that I might as well wait for another few months and then ask for the settlement figure and clear it off....

    Clearing total savings might be a huge risk at this moment.... Hope you agree........
  • WhiteHorse
    WhiteHorse Posts: 2,492 Forumite
    There is a saying in India: Two things should be attacked immediately ... fire and debt.
    "Never underestimate the mindless force of a government bureaucracy
    seeking to expand its power, dominion and budget"
    Jay Stanley, American Civil Liberties Union.
  • tiff
    tiff Posts: 6,608 Forumite
    Part of the Furniture Combo Breaker Savvy Shopper!
    I know I'm going to struggle to let go of the money when it becomes time to pay back my loan. I'm saving up as we cant make overpayments and its so nice to see savings again!
    “A budget is telling your money where to go instead of wondering where it went.” - Dave Ramsey
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