I think it’s the latter :) Then again I’ve never had high interest debt either and I seem to still like that snowball method… I guess what I’d do in that case if figure out a way to consolidate or just get it lower by calling persistently/etc until I win. But usually when people have super high interest it’s because of bad credit or other things going on in their lives :( So who knows… what’s important is that you and I are doing our best, right? :)

There’s a lot more people out there financing new cars than paying off their mortgages though! As scary as that is.

Good! That’s all I care about with these blog posts – to get people *thinking*. And then, hopefully *acting* :)

Great question indeed! And honestly, who knows what you’re priorities are going to be over the next 3 years (or, even 3 months for that matter) so I always say go the route you’re excited about *right now* and then change it if your situation/emotions change.

For example, I wanted to pay off my mortgage in like 8 years and was gung-ho for almost 2 years, and then I had a baby and my wife stopped working and my business income went down and then we moved away from that house so it’s a totally different story now. And thus so, we stopped trying to kill it off and moved our energy elsewhere.

So, do what you think is the right path for *today*, and then evaluate as time goes on. There’s no rules saying you have to stick to your goal forever! We’re not robots :)

Haha…. you know what’s funny? After I re-read this post one last time it *did* occur to me that I’m still choosing sides here – aka going the emotional route, instead of merging the two ;) But I like it too much to go back and spend another 30 mins editing, haha… Hopefully people got enough out of your quote to realize that anyways :)

Yup, or perhaps he just didn’t pay attention much before? Or *thought* he was enrolled when he wasn’t? That actually happened to me when I was a big idiot back in the day… My dad was on my back for years to enroll, and I guess I thought it was automatic or something so when I went to tell him how much was in there I about had a heart attack, haha… Lesson learned!

The best thing about the discussion is the two choices are both smart. It’s not like some people are arguing that it’s best to finance a new car over paying off your mortgage, which would obviously be a ridiculous argument :)