So, even though we need to focus on savings and adding money to our 2016 IRA (in 2015 we saved nothing in our IRAs), I find myself doubling up my monthly payments for my nused car (purchased in December of 2015).
Why am I doing so? Well, we paid off Mr. Sam's 2013 truck in full as of last month. That means that I have an extra $500 a month. So, rather than using that $500 for savings I sent it off to Chase for my auto loan. I'd frankly be better off putting that $500 towards our linger credit card debt (now down to $1195).
So why do I make these choices? I much prefer killing debt than saving money. Now don't get me wrong I love saving money and watching the balances grow in our retirement accounts. But, I seem to get more satisfaction paying off debt. I also am not a fan of car loans. I'd prefer to pay cash for cars, but over the course of 2013-2015 we found ourselves buying a new truck for Mr. Sam and a nused car for me. I seem to dislike car debt more than credit car debt, etc.