Money Matters
Dear Community,

Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.

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Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.

MM Awwww Car Loan

YAY my car will be paid off TODAY!! :) I'm so excited. Now onto my student loans. :)

I really appreciate all the help and motivation on this board! You guys are awesome.

Re: MM Awwww Car Loan

  • Congratulations!! Not having a car loan is the BEST!
    HeartlandHustle | Personal Finance and Betterment Blog  
  • WOOHOO!!!!
    Formerly AprilH81
    photo composite_14153800476219jpg

  • Nice job!
    Consider putting some of that old car payment money into a fund for a future vehicle so that you will be able to buy - with no loan - or a very small loan. (split the amount 2/3 to student loans, 1/3 to vehicle savings) - depending on your SL interest rates.
  • Great job!
  • abrewer5abrewer5 member
    Fourth Anniversary 100 Love Its 100 Comments Name Dropper
    edited April 2015
    Sisugal said:

     

    Sisugal said:

    Nice job!
    Consider putting some of that old car payment money into a fund for a future vehicle so that you will be able to buy - with no loan - or a very small loan. (split the amount 2/3 to student loans, 1/3 to vehicle savings) - depending on your SL interest rates.




    Thanks for the recommendation! :) For now I'm going to put money towards the SL which should be paid off around this time next year and then I plan to start a car savings for my next vehicle to pay at least 50% cash. I currently have 2010 Toyota so it should run for many more years (hopefully!)

     

  • Congratulations!  It is such a good feeling to lop a big payment off the budget.
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