- Marin County
Personally, I've had that choice several times. I always pay off the debt if I can. Why? I find, just personally you understand, that I get a better, more restful and less worried state of sleep. I spend a third of my life sleeping, and I appreciate maximizing the pleasure and benefits of sleep. Now I doubt very much that many other people are going to see and do things the same way as I do. And that's okay. But for me, it's a settled issue.
You also probably held debt at a point in time (specifically the 70s!) in which interest rates were worth losing sleep over. My perspective is framed almost entirely post 2007 where interest rates have been so low that borrowing money feels like it's just free. I don't have a lot of debt, but I have some. I don't even think about it. My payments are set to automatic and it's completely out of mind.