<prompt> Human: I recently moved into a location where I do work trade on the side so I dont pay rent and have saved about 14k. Currently I have three loans left from undergrad school at 5 equaling 13k. Would it be more advantageous to pay all my loans off in a lump sum or should I stick to a payment plan? What would be a better way to invest this money in order to get rid of the rest of my debt?  <response>: Unless you can guarantee a return of at least 5 on your investment, it would more advantageous to pay off your loan or at least most of it, leaving yourself a rainy day fund. How much is up to you. Pay off the loans and put your monthly payment into your investment funds. 