Verified Submission
personal financeDebt Payoff
#RI-69f84904·5 months ago·
1
Author avatar
Lookback: 6-7 years

To prioritize debt payoff based on interest rates and mental boost

Currently torn between paying off car loan or student loans, considering interest rates and mental benefits

What I wish I knew
"To have a clear plan for debt payoff before taking on new loans"
If I could tell you one thing
"Prioritize debt payoff based on interest rates and consider the mental benefits of paying off older loans"
0
8/10
Clear regret.
The downsides outweighed what was gained.
SettledMixedSevere

Advice for Someone Facing This

Short, upvotable wisdom. The most helpful rises to the top.

No advice yet. Be the first to share wisdom.

Discussion

React, question, or discuss this decision.

Sign into join the discussion
personal finance Category
376
personal finance decisions logged. Avg regret 3.8/10 across the category.
Same Outcome Band
25%
of personal finance decisions land in the severe band the same as this one.