FinanceDebt repayment
#RI-69ba7580·6 months ago·
3
“Trying to pay off debts”
What Actually Happened
I'm paying 7638 a month, but still struggling to pay off loans and credit cards. I'm overwhelmed by the amount I owe and the interest rates. I've been making payments, but it's taking a long time to pay off the principal amounts.
What I wish I knew
"I wish I had budgeted more carefully and avoided taking on so much debt in the first place."
Advice to Someone Facing This Now
If I could tell you one thing
"Make a budget and prioritize debt repayment. Don't take on more debt than you can handle."
Regret Index
8/10
Clear regret.
The downsides outweighed what was gained.
The downsides outweighed what was gained.
Advice for Someone Facing This
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Finance Category
2,949
Finance decisions logged. Avg regret 4.9/10 across the category.
Same Outcome Band
36%
of Finance decisions land in the severe band the same as this one.
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