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Anyone here tryna go into impact investing?
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Anyone here tryna go into impact investing?
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I did this about 2 years ago.
Yes, it’s doable if the income supports the debt and it’s still cheaper than credit card debt.
Pro
I took out a heloan to purchase my son a truck. I had a lump sum coming to be 2 months later, so paid it off quickly.
I've kinda been looking into using a heloc to pay off my mortgage quicker, but not sure if I want to bite the bullet and do it that way. If I had more wiggle room in my month to month budget, I probably would.
Pay off student debt with minimum payments so you have more cash for other things. No worries about paying it off sooner . Student debt is usually lower interest than credit cards and other loans.
Good to know. Although I won’t be paying it off for 14+ years so..