It's official! No more payments!!!
It's official! No more payments!!!
It's been a long time since the last time I was here on the board. Today it's official, that my Max is finally paid off. I got my title in the mail today, I had a huge grin on my face and gleeful.
That extra money, I'm going to start putting some mods on my car sometime in the beginning of the year.
For now Im just gonna save up to go on a trip to Europe that I have been waiting for a long time to do.
That extra money, I'm going to start putting some mods on my car sometime in the beginning of the year.
For now Im just gonna save up to go on a trip to Europe that I have been waiting for a long time to do.
The best thing to do is.............
The best thing to do is to keep making the exact same payment into a another account preferably one with out ATM access. Call it a rainy day account or new car fund or whatever. I have been doing this for the last 14 months & have got over $4200 in the account allready.
Congrats!!! The only thing I struggle with is not being tempted to go out and buy a new car and start the whole process over again. Must...fight...temptation....to buy....G35C....But I am doing exactly what Kevon1 suggests. I reduced my insurance to the minimum and put that difference plus my old car payment into an ING savings account collecting 3.3% interest. I figure that will go toward a nice down payment for a car or property.
Congrats. Wifey and I paid my 01' off this past Dec. The extra $300 or so per month has worked wonders on paying off our last credit card and made going back to school much easier. Be smart with the extra money. It can add up very quickly.
Originally Posted by Ammi
paid mine off in 2 1/2 years. Feels good not having to make monthly payments
Maybe its just me, but I think I don't think I would be able to do any sort of serious modding at all unless my car was payed off or at least close. The only thing I'm thinking about now is springs/struts but want to wait 6months or so and try to knock out another $5k off my car first.
Originally Posted by TXT-1
Congrats!!! The only thing I struggle with is not being tempted to go out and buy a new car and start the whole process over again. Must...fight...temptation....to buy....G35C....But I am doing exactly what Kevon1 suggests. I reduced my insurance to the minimum and put that difference plus my old car payment into an ING savings account collecting 3.3% interest. I figure that will go toward a nice down payment for a car or property.
depending on my finacial situation this coming month. And with that extra money I plan to tackle other debts as well as save money. I was just curious what ING is? Is that a credit union or Bank? Sounds familiar... anyways sorry for my ignorance.
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Dammit I live for the day my payments end LOL.
But it's not like I have any extra money now. Grad school's taking all of that.
