My spouse and I have been discussing our funds and she or he thinks we must always repay my automotive ahead of later. I purchased it used final yr and have a little bit greater than $15,000 to repay with $300 month-to-month funds. The automotive has a 7.99 APR. I’m of the opinion that now we have different issues we must always prioritize as an alternative like shopping for a home, contributing to financial savings accounts, and the like. She desires to be as debt free as rapidly as potential.
What do you guys assume we must always do?