So, following off someone else's post on student loans, it made me think my own investment order. Years ago when I was , I transferred debt to a credit card with a lifetime 6.9% interest and 0% fee. I have about 5000 left on it with a minimum payment of $100 a month. I ignored it before the Pandemic because it was still less than the ten year treasury rate + 5%, then during the Pandemic we were cutting our budget when my wife had to leave her job. Now that we're stable again, I have funds to pay it off, but I'm unsure if that's a good decision financially. The treasury rate is currently about 1.6%. We're earning .5% in our Ally Savings Account, and about 28% in our Roth 403b / Roth IRAs. So what's your suggestion? Stick to the investment order like it's gospel, or realise it's at the margins with a .3% difference and let it be, unless treasury rates crash.
Thanks!