Student loan debt vs Business

[White Kandlez]

Hello,

Just wanted to ask this question. I have a lot of student debt, and was wondering when I start to gain momentum on investing in properties, should I put some towards my student loans (what percentage). I also want to build a REI company. I cannot forbear any longer and the loan servicers won't assist me in adjusting my monthly rate. Is there a way I can manage this headache and build a business or just focus on debt. Id hate to go into business and try to build financial freedom if I'm still in massive debt. Any advice?

[Theresa Harris]

@White Kandlez  Pay off those credit cards with the high interest first.  I would suggest getting your finances in order before you get into real estate.  That doesn't mean having your student debt paid off, but it does mean not maxing out credit cards.   High interest debt and carrying high balances on credit cards isn't good.

Start with a budget and see where your money is going.  Keep track of all your spending.  Perhaps you need a second job for a while and use paying off your debt and saving to get into real estate as your motivation.