I am going through a little dilemma at the moment. I currently put $1000 towards my debt each and every month, and that is on top of the minimum payments. Every month I figure out how I am going to pay down my debt and what I am going to cut back on to do it. I like the fact that I am paying down my debt rapidly but I don’t like the fact that I am missing out on my younger years in life. I barely go out because either my entertainment budget is used by the second weekend or my food budget is toast after the third Sunday (I grocery shop on Sundays). I want to travel and visit family back East but I also want to pay off my debt. I feel bad that I spend money when it could go to my debt, but then I feel I gave up so much just to pay off debt. It’s crazy how much debt controls your life.
So should I pare down my debt payments and enjoy life, or stick it out?