- Put it in my savings account for my trip to Japan next September, or
- Pay off my 18TB HDD (900 bucks) and get rid of all the upcoming installments ($100/month), or
- Other
Either way, my monthly balance stays the same, I think. I’m really bad with money. 💀
The problem is the math is correct on paper. However in the real world people who do the math tend to not translate correctly to the real world - they see the math and they don’t save anything while also keeping the loan. People who hate debt are more likely to pay it off, and then put something into savings so they don’t have to get more debt later.
Lesson: hate debt.