Not long ago, my wife and I were buried in five-figures worth of student loan debt and no investment savings outside of small 401K balances. Investing seemed silly at the time because any extra money we came across could simply go toward exhausting the student loans earlier. But in 2014, my wife became pregnant with our daughter and our priorities shifted.
We still had about $14,000 left on our student loans, but the interest rate was only 2.5%. We decided to invest before paying off all our non-mortgage debt. The move wasn’t as risky as it sounds — we adjusted our spending habits […]