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No More Car Loans

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I came into some money this week, so I decided to pay off my Pontiac Grand Prix GT & Chevy Equinox LT. Now I'm going to roll those payments into paying off my houses. I will be debt free in three years if I work hard at it.

I keep waitng top come into to money but it never happens :(

Well stick to your plan, it'll pay off!

Congrats, my friend. Good luck in keeping with your plan, I never seem to be able to reisist buying more toys.

Of course, having a wife and 2 kids keeps plenty of money going out of my hands as well.

Sweet! :thumbsup:

I have to wait about a year and a half for no more car payments....

I need to come into some money. :yes:

About 4.5 more years of car loans (in the unlikely even I keep the Fusion) and since I've only made 3 payments on my mortgage, a lot longer than that to go on the house.

I haven't had a car payment in two years, and I'm not inclined to start having one again anytime soon. I have about 10 years left on my mortgage. I could probably pay it off in five years, but with an interest rate of only 4.75%, it's hardly worth it, though I don't like being in debt.

My house, one credit card, and my truck. And that's enough. It would be awesome to be debt-free, but my addiction to new vehicles every few years contradicts that.
  • Author

My house, one credit card, and my truck. And that's enough. It would be awesome to be debt-free, but my addiction to new vehicles every few years contradicts that.

I'm fighting my addiction! :smilewide:

No morgage, no car loans, no credit card balances. Me likey.

About 4.5 more years of car loans (in the unlikely even I keep the Fusion) and since I've only made 3 payments on my mortgage, a lot longer than that to go on the house.

An extra $50-$100 a month on a mortgage payment can knock 10 years or more off a mortgage....

Edited by Oldsmoboi

I came into some money this week, so I decided to pay off my Pontiac Grand Prix GT & Chevy Equinox LT. Now I'm going to roll those payments into paying off my houses. I will be debt free in three years if I work hard at it.

That's fantastic! I wish I could be in that position...

Awsome, good for you.

An extra $50-$100 a month on a mortgage payment can knock 10 years or more off a mortgage....

I'm trying to fit something like that into the budget, but doing so would mean forgoing the pool that I really really really want to get.
Caption: "Come and play with me in the pool, you big husky mens!"

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