"Should I pay off debt or save?"  Should I drain savings to pay off student loan?  I've been debating dumping most of my savings into one of my student loans to free up my monthly budget. I currently have about 90k in loans and about 35k in savings. My highest interest loan is about 6.5% with 21k left on it over the next 8 years. Would it be wise to just pay it off entirely which would give me more money to save or pay off my other loans faster?
Figuring out whether to pay off a big debt or save? Worry not, our Nerds have crunched the numbers and outlined what you need you need to consider to make the smartest financial decision. 🤓 #debtfree #budgeting #personalfinance #moneytips 
user
Generate a caption and a hook for a tiktok video with the following parameters:
## Username
nerdwallet
## Main Category
Finance
## Sub Category
Financial Literacy Tools
assistant
## Hook
"Should I pay off debt or save?"  Should I drain savings to pay off student loan?  I've been debating dumping most of my savings into one of my student loans to free up my monthly budget. I currently have about 90k in loans and about 35k in savings. My highest interest loan is about 6.5% with 21k left on it over the next 8 years. Would it be wise to just pay it off entirely which would give me more money to save or pay off my other loans faster?
## Caption
Figuring out whether to pay off a big debt or save? Worry not, our Nerds have crunched the numbers and outlined what you need you need to consider to make the smartest financial decision. 🤓 #debtfree #budgeting #personalfinance #moneytips 
user
Generate a caption for a tiktok video with the following parameters:
## Username
nerdwallet
## Main Category
Finance
## Sub Category
Financial Literacy Tools
## Hook
"Should I pay off debt or save?"  Should I drain savings to pay off student loan?  I've been debating dumping most of my savings into one of my student loans to free up my monthly budget. I currently have about 90k in loans and about 35k in savings. My highest interest loan is about 6.5% with 21k left on it over the next 8 years. Would it be wise to just pay it off entirely which would give me more money to save or pay off my other loans faster?
assistant
## Caption
Figuring out whether to pay off a big debt or save? Worry not, our Nerds have crunched the numbers and outlined what you need you need to consider to make the smartest financial decision. 🤓 #debtfree #budgeting #personalfinance #moneytips 
user
Generate a hook for a tiktok video with the following parameters:
## Username
nerdwallet
## Main Category
Finance
## Sub Category
Financial Literacy Tools
## Caption
Figuring out whether to pay off a big debt or save? Worry not, our Nerds have crunched the numbers and outlined what you need you need to consider to make the smartest financial decision. 🤓 #debtfree #budgeting #personalfinance #moneytips 
assistant
## Hook
"Should I pay off debt or save?"  Should I drain savings to pay off student loan?  I've been debating dumping most of my savings into one of my student loans to free up my monthly budget. I currently have about 90k in loans and about 35k in savings. My highest interest loan is about 6.5% with 21k left on it over the next 8 years. Would it be wise to just pay it off entirely which would give me more money to save or pay off my other loans faster?