Brought to you by the Every Dollar app. Start budgeting for free today. Today's question comes from Greg in South Carolina.

Yeah, he says my wife and I are 35 years old and have four young kids. I make about $100,000 a year before taxes. We've been paying on my student loans for three years, and our student loans are one year away

from being paid off. We pay about $1,000 a month. The loans were provided by a family member

at 0% interest, and they have said they really don't care how fast we pay them off. Should we

continue with the same intensity to pay these off? or is it okay to slow down and start investing

and planning for the future? Seems like we should shift gears and start planning for the future.

As they have said, they don't really care how fast we pay them off. What do you recommend?

I'd pay them off. You said that you're one year away from having them paid off, so finish paying them off. One year is not going to stop you from shift them off. You said that you're one year away from having them paid off.

So finish paying them off.

One year is not going to stop you from shifting gears, as you said, and planning for the future.

Part of you planning for the future is you paying your debt off so that you can take those next steps.

So I would do it.

I would do it. I would do it.

I mean, I think that family members might say, oh, we don't care.

We just want to help you out.

But I don't like, I just don't want to owe anybody money. And I certainly wouldn't want to owe my family members money.

You're a year out.

Honestly, even if you were two years out or whatever, I would still tell you to pay them off.

And do so with intensity

and get them out of your life.

Period.

Yeah.

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