Ever find money in a pocket?

Pay off the loan. Never get another one. If you can make a payment, plus interest, every month, you can save for anything you want and pay cash. Somehow, we learn about loans, but no one ever teaches us about saving. Yeah, it takes discipline. -Horrors!-
My wife and I don't owe anyone anything. We just bought living room furniture. After we were given the bottom line, we mentioned we'd be paying cash, and the price dropped $300.
JMO