Quote:
Originally posted by ltl/fb
I sort of did that with my student loans -- what are we supposed to do with bonuses? Unless you are talking about the tax break.
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Student loans are one thing, the house is another. From a purely financial point of view (a little leverage is a good thing), there isn't a lot of reason to pay down either (depending on the rates), other than peace of mind.
But yeah, with the house you are also throwing away the tax advantages.
Of course, to each his or her own,
and maybe debt causes her enough anxiety that the peace of mind is worth it.
ETA: you could save your bonus for retirement.
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