Dec 22 2009, 09:53 AM
QUOTE(jasontoh @ Dec 21 2009, 04:57 PM)
Not really, if you have 21K and put in monthly FD, you actually gain, though it is just peanut gain which inflation can wiped it off. I calculate using Excel sheet before.
It is true, if you have money, just pay it off, unless you can get better return.
It's important to have some amount of savings for emergencies, invest in PNB funds instead of FD, can get decent return,It is true, if you have money, just pay it off, unless you can get better return.
3% interest is very low, I think it's more worthwhile building up savings, just pay the required PTPN payment each month
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