Category Archives: Student Loans

Should You Pay Off Your Student Loans With Your Bonus or Invest that Money?

Most lawyers come out of law school with a massive amount of student loan debt. I know my wife and I did.

So, when you get your year-end bonus – or you’ve got a good chunk of cash saved up from your salary – should you invest that money or pay down the principal on your law school loans?

money-trap1-1238807First kudos to you for thinking of it that way. We’ve all heard the stories of lawyers who spent their bonus on a super-fancy vacation or car. Don’t be that guy.

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