Problem
Kyle just graduated from college and got his first job, he has $45,000 in student loan debt, wants to buy a new car, and is considering opening up a retirement account. He has a disposable income of $300/month, what would you recommend he do with this money? Why?
Solution
For this case the best option would be put the $45000 in a bank with a compound interest
And with the earnings each month of 300$ he can put the half of this into the account and the remain to spend on other things