Hi,
(Sorry for the bad english, it's not my native language)
Now I've been following the forums and the "MMM-way" for quiet som time and since I first discoevered all of this I've made som significant changes in my life. So nowdays i spend only about 30-35% of my income, the rest have been going straight to killing my old debt. This have now lead to that in a few months I will have repayed all my debt exept for my student loan. I really like the idea of being completely debt free but I cant really make up my mind of what to do next.
I would be looking at just about another year of repaying the student loan before beeing finished and the interest is very low (0.6%).
Now to the question:
I'm considering to make a little break before continuing putting all excess money towards repaing the student loan and instead increase my capital for a few months instead. I know I probably should stick to repaying it all as soon as possible... but, I also like the idea to have more money in my savings account ( read VTI). I imagine it would be a kind of "rewarding feeling" for being frugal, car-free and making smarter choices when it comes to spending/saving... I think it will make me feel a bit more secure if I have a larger pile of money... does this make any sense at all? I really need a few helpfull pointers of what to do next... Input and thoughts on how to proceed, motivation for the one choice or the other...
I'm thinking that having a few more bucks at my savings account would really help me keep my motivation up...