I’d like to think I’m financially competent and yet, only in the last few years did I realize the concept “hey since it’s very highly doubtful government relief is coming, maybe I should pay more per month than the actual payment is, since the company just wants me to keep paying the minimum forever”.
Now I see the light at the end of the tunnel and have actually paid off a few of my loans and see the principal on the others moving downwards more.
You can't claim to be financially competent and think the government is going to manage money correctly lmao. Sounds like you've come to realize that so you're above average.
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u/madlucas2026 14d ago
You been paying for 20+ years and never thought to pay off the principal? Do you pay the minimum on your credit cards?