You buy a car for R300k You pay R7000 pm over a period of 60 month's. After 60 month's you find that the value of the car is now R180000 meaning over the period of 60 months you've lost close to 50% of your money. People where I come from celebrate paying of car's like it's sum major achievement when it's actually a major loss over the year's. What happened to buying a smashed vehicle for R20000 and fixing it for R10000 and driving it for five years. Your goal should not be paying of a R300k debt over five years your goal should be having an investment of R300k on your portfolio over the period of five years. Imagine you work 40 hour's a week and half your salary goes towards paying off a depreciating liability. You work for debts and not for incomes yet you expect to be rich one day. Stop trying to meet society standards. The society in overall is in debt. Day and night on television we are sold debt. When you open your TV you see a new P...