Hey I'm all for getting the most for my money and making things last. Part of that is buying quality item that will stand the test of time. I could buy a new truck and very much so would like to, but my 2000 F-150 looks and runs awesome. Best part is...it's paid for. So I'll drive it till it dies and then get another one.
Dave Ramsey is 100% correct on the mental accomplishment thing, however I like my way a little better. It's really all in how you see it I suppose. For me the first one is always the hardest, but I take it in small doses and enjoy seeing the numbers ticking down. I figure the bigger the interest rate, the more it's costing me in the end. It might be a small amount in the big picture, but I want this gone...like now, so I'll take every advantage I can to knock it out. At the end of the day, I'm happy and that's all that matters.
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