Should You Wait to Start Investing Until Your Student Loans Are Paid Off?
The average monthly student loan payment is $337. But whether the monthly payment you're on the hook for is larger, smaller, or virtually the same, those payments no doubt monopolize a significant chunk of your money. And because of that, it may be difficult to free up cash for other goals, whether it's buying a house or upgrading your car.
In fact, you may be inclined to wait until you've paid off your student loans to start investing your money. But if you hold off on investing for too long, you might end up short on funds by the time retirement rolls around.
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Source Fool.com
