Channel3000.com
December 14, 2020 11:00 AM Sean Pyles
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NerdWallet
Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions.
This week’s episode starts with a discussion of the $300 tax deduction for charitable contributions made in 2020, and how to make your donations go further.
Then we pivot to this week’s question from Chris, who asks: “Should I empty my savings account and pay off most of my student loan debt before the 0% interest period from the CARES Act expires in January? Or should I just pay it off in monthly installments? My naive, idealist thinking is making me worried that the Biden administration may dissolve some student debt, and I would have lost some money if I pay off the loans.”