Why I paid off $10,000 in student loans instead of keeping it in my savings account

Last night at 1 AM I impulsively paid off one student loan of $10,000 and I want to tell you guys why I did that, the mindset behind it and how I paid off my loans over time. So, first off, I used the method called the avalanche method to pay off loans. What the avalanche method is, is that whatever your highest interest rate of loan is, you pay that off first and then you go down from there. That's completely the opposite of the snowball method, where you pay off your debt by tackling your smallest balance first. You make the minimum payments on all of your debt, then any extra payments go toward your smallest balance. Once that's paid off, you roll your payments into the next smallest debt. So, you're just paying off your lowest interest rate and just keep on going from there, snowballing off higher and higher interest rates. For me, I did the avalanche method because that situation, cool. My student loan that I had was $10,000. $10,000. With the original being $11,000, and I've been paying it for six-ish months. And I've been putting about two to $400 every single month towards the loan, barely making a dent. And that's the thing about loans, right? They're very predatory, especially if they have a high interest rate. This specific loan had an interest rate of 8.62%. That is very high. Any loan you have that's over 6% is very, very high, right? And I was thinking to myself, I have made my entire emergency fund with my high yield savings account with Capital One, where I'm accumulating 3.3% interest rate every single year. But that is not enough to even like the 8.62% interest rate I have on my student loan. So what I did was, okay, I have enough money to pay this off while still having a significant amount of money in my high yield savings account. Let me just pay this off so I'm not paying this every single month and barely making a dent. And then working to make a better high yield savings account after this. So that's what I did. 1:00 AM, like I think 1 or 2 AM last night, I said, let me just pay this off. Move all my money from my high yield savings account and paid off my student loan. And now I don't have to pay it off ever, and I can just put more money into my savings account and I'm good for the rest of my life. And that's the thing about financial literacy. Like, you need to know what you're standing is when it comes to budgeting, when it comes to your debt, when it comes to your savings. So, I'm looking at my budgeting template right now. And last night I was like going through it and everything, I'm like, I can pay this off. I have the means to pay this off. Let me just do it. And that's what I did. This works for me. It doesn't work for everybody, but knowing where your money is going, knowing how your money works, and even knowing the interest rates to all your brokerage accounts, your Roth IRAs, your savings accounts, everything. It's so, so important to keep track of where your money is going. So you're not freaking out about like, oh my god, I have no money. Where is your money? You weren't keeping track of it. So you don't know where your money is. Was, I paid off an entire student loan.