Okay, picture this: you wake up one morning and find a mysterious envelope slipped under your door. Inside is a detailed list of every debt you've ever had—student loans, credit cards, that dumb impulse-buy treadmill you never use—and next to each debt is a weird little symbol. You flip it over, and there's a note that says, "Choose wisely. Erase one debt, but double another." Um, talk about a stressful breakfast decision.
Me personally, I'd probably erase the student loans (those things haunt me in my sleep, I swear). But then again, doubling my car loan would be kinda terrifying too. I mean, I need my car to get to work, but maybe I could bike? Or skateboard? (Yeah right, I'd break my neck.)
Anyway, curious what others would do with this weird little debt dilemma. Would you play it safe or take the riskier route?
Honestly, I'd probably erase the credit card debt—those interest rates are brutal. But doubling student loans...ouch. Still, maybe manageable with income-based repayment? Tough call, though. How'd you end up with that treadmill anyway?
Yeah, wiping out the credit card debt seems like the safer bet—those interest rates can really snowball fast. Doubling student loans isn't ideal, but at least they're usually more forgiving with repayment options. Still, I'd crunch some numbers first...you never know when life throws another treadmill your way, right? Speaking of which, impulse buy or late-night infomercial victim? Been there myself, haha.
