Quote:
Originally Posted by Stanley Nickels
What bank is paying you a high enough interest rate to not pay off your student loans?
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I have 3% checking account, dont normally have that kind of balance though except I just got year bonus at work. My loan interest % is like 2.75% I have no idea how they make any money off me. I leave about 10k ususally in the bank if I need to do maintenance on my house or other property and to self insure myself on my material dmg for my vehicle since I dont waste my money on collision. I use all my excess surplus earnings to pay down the principal on my properties so interest doesn't screw me too bad (which I hear is dumb to do) but I want to own 4 properties outright by the time I'm forty. If I can do that I can retire at 40 and ill just leisurely supplement my income in things I like to do like poker and working part time at a golf course
Wont ever make me filthy rich but at least ill be able to do what I want to do whenever I want to do it and not cyphen my money away to snotty kids and a spouse like most ppl traditionally do