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REDDIT

Complex inquiry and short term investment

H
Mar 4, 2025 · 20:35

To preface, I am not allowed to take out interest bearing loans due to religious reason. Due to student loans being on forbearance, no payment is due and interest isnt accruing, unsure how long this will last .


I do have student loans and currently saving money in my checking account to payoff possibly the whole loan or majority of it once interest starts and payments start accruing. If our loans are in forbearance til 2026, it maybe possible I pay the whole thing off.


In the meantime, I do have money just sitting in a checkings account, wondering if I should put some of it in the stock market with hopes it grows so I can pay off my loans easier. Any advice would be helpful.