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Old 06-01-2015, 06:01 AM   #19
vudooca
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Join Date: Aug 2012
Location: Canada
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Quote:
Originally Posted by 6793026 View Post
I was in your shoes. What HIT me the most was this: For each month you don't pay it off, the MORE interest you are paying in the future.

I MADE sure I paid it off asap.

Also, the longer I don't pay it off, the tougher it was for me to buy a place or finance a new car... that's why i paid it off.
True, but if you focus too much on the loan payback you may also miss some investment opportunities too right?
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