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principalNinterest t1_j6fpp6m wrote

A risk-free 4.99% after-tax return is a pretty good return on money. Make sure you're continuing to get the full match on your 401k and then after that I'd say feel free to flex more of your savings into paying down the auto loan. But if you're worried about emergency fund/other savings it doesn't have to be all or nothing. Find that happy middle ground for your own personal preferences.

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julianorts OP t1_j6fr86e wrote

after seeing I paid over $800 in interest last year I was just grossed out 😭

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principalNinterest t1_j6fuy6w wrote

Being grossed out by interest costs is healthy. It'll help keep you from making a habit paying interest!

You're on the right track...keep up the investing, saving, and debt pay down.

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