- Dow Janes Knowledge Base
- Debt & Credit
Where does paying off low interest rate date, like student or car loans, fall on the MDY Roadmap?
Paying debts under 7% is a personal choice based on individual values and goals.
Some members chose not to focus on debts under 7% at all. Some members chose to payoff those debts after they have their fully funded emergency fund, and have maxed out their retirement account contributions.