FinancialDebt
#RI-6a7aa7ab·3 months ago·
1
“Paid off debt to improve credit”
What Actually Happened
Paid off $2k in savings to pay off debt
What I wish I knew
"Considered alternatives to debt repayment"
Advice to Someone Facing This Now
If I could tell you one thing
"Weigh costs and benefits before making financial decisions"
Regret Index
8/10
Clear regret.
The downsides outweighed what was gained.
The downsides outweighed what was gained.
Advice for Someone Facing This
Short, upvotable wisdom. The most helpful rises to the top.
No advice yet. Be the first to share wisdom.
Financial Category
124
Financial decisions logged. Avg regret 5.7/10 across the category.
Same Outcome Band
45%
of Financial decisions land in the severe band the same as this one.
React, question, or discuss this decision.