Swapping out a 5400 rpm spinner for an SSD would also significantly speed up swapping between RAM and the drive should that be required because there is not enough RAM.
That would make it less necessary to increase the RAM.
First want to say how informative this thread is, as about a year from now, I will need to replace my late 2012 Mac Mini with a newer model, given that for my 2012 machine, Catalina will be the last Mac OS it can run (just a guess on my part). Since I will want the option to upgrade the RAM myself, it's nice that the 2018 models offer that capability. But in looking at ifixit.com, it is somewhat more difficult to upgrade the RAM in the 2018 models than it was when I upgraded the RAM myself in my late 2012 model. Of course, the 2018 models come standard with 8 Gig of RAM, which is just fine for my needs. I will definitely go with the $1,099 Core i5, 256GB SSD model, but I might consider having the processor upgraded to a Core i7. My current Mac Mini has a Core i7 processor.
Sorry to digress somewhat. In any event, after I purchased my late 2012 Mac Mini, with a (slow) 1 TB 5400 rpm drive, I swapped out that HDD for a Samsung 840 Pro 256GB SSD about 4 months later. And just like others experienced, the machine flew! And that was true with the stock 4GB of RAM inside the machine. I subsequently installed the 1 TB drive inside an Orico enclosure, used it for a little while as an external drive, but eventually sold it for $100.
About 2 or so years ago, OWC had a sale on 8 Gig of RAM for my machine, and I went ahead and purchased it. Installation was a snap, but like others said, it did not increase the speed much at all (if at all). But it could help when I decide to sell it.