A 22-year-old with $23,000 in student loans sought advice on Reddit. Working at a gym, he made $2,500 a month but cut back to three days a week to focus on starting a business. Redditors suggested finding a higher-paying job to pay off debt faster and allocate extra income to loan repayment.

Living with parents reduces expenses, but paying off student loans remains a challenge. Redditors advised prioritizing loan repayment by securing a higher-paying job. This approach allows the individual to dedicate more time to building a business while steadily chipping away at debt.

Commenters emphasized the importance of paying off student loans while slowly building a business. Starting young offers advantages in experimenting, making mistakes, and committing time to ideas. Securing a high-paying job first makes it easier to pay off debt and focus on business growth in the future.

Read more at Yahoo Finance: Should A 22-Year-Old Build A Business Or Work Longer Hours At Their Job To Pay Off Loan? ‘I’m Stuck Between Normal Life Vs. Building My Own Thing.’