Should I try to pay off my 0% interest debt early?

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I've only got about $6000 in outstanding student loans. It is federal money in Canada, so it's 0% interest.

I'm a big fan of Dave Ramsey's but this is my only debt at the moment. 0% is 0%. Should I bother using his strategy of dumping most of my income into this debt to pay it off as fast as possible? I kind of feel like I should just pay minimums and let inflation eat away at it.

Personally, I would much rather put that take-home pay into building an emergency fund of $6000 to $12000 (which is about 3-6 months expenses for me).

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Posted: 2 months ago
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