Been reading Dave Ramsey (Total Money Makeover) and he talks about slowly eliminating all debt. I have your debt that you can't help (Internet, Cell Phone, Gas, Electricity, Food, Etc...) and than really a pretty good size house payment and a $550 monthly truck payment.
The truck payment is on a no interest type loan and I owe around $13,000 still. Is it dumb to pay it off if I have the money to do it? I am sure the logical answer is to use the 13k and invest it and make another 1k or so off of it but would or have some on here just paid off a no interest loan before to "clear the books".
The truck payment is on a no interest type loan and I owe around $13,000 still. Is it dumb to pay it off if I have the money to do it? I am sure the logical answer is to use the 13k and invest it and make another 1k or so off of it but would or have some on here just paid off a no interest loan before to "clear the books".