09-05-2015, 12:56 PM
A little debt is fine... as long as it's manageable.
So in your case... well 3 years seems like a long time for a car. But you certainly don't need to hurry up on paying it off. I'm like you, I hate debt. But when the interest rates are like they are now, it's smart to think what else you could do with the money that you are spending on paying back debt fast.
So in your case... well 3 years seems like a long time for a car. But you certainly don't need to hurry up on paying it off. I'm like you, I hate debt. But when the interest rates are like they are now, it's smart to think what else you could do with the money that you are spending on paying back debt fast.