it's not my only debt. i have 15k on a line of credit at 13% i used to buy an acre of land. i have 20k on an rv loan that i pay 450/mth for 6 years on to live in on that acre of property. i'm have 5 years remaining on that loan, but that one can be paid faster. i have 6k at 20% that i used to make the rv offgrid capable (solar panels, batteries, wood stove). the car allows me to drive to and from work 40 mins away from my land. if you add the 400/mth in gas i'm paying 1400/mth on living space. rent for a 1 bedroom apartment in the city where i work starts at 1400. the difference is i now own an acre of property outright and in 5 years i will also own my dwelling outright as well.  real inflation is like 10%/yr minimum in a post covid world. after 2 years i'm actually out ahead compared to if i saved for all of this outright.  my payment priority is credit card> line of credit> rv> car (if that again the loan gets paid by default if the car is totalled because of gap insurance so i might just stomach the payment and invest the 500/mth elsewhere at that point)
Canada