Four More!

[rebbierae]

I'm SO excited--just looking at my bank statement for my auto loan, and I think I have like 4 more payments and my car is PAID OFF!! I've never NOT had a car payment before and I'm so excited. I have 44,460 miles on the car right now and it'll be paid off in just a few short months. What a GOOD feeling that is! Then I'll be able to put that extra money towards other bills and try and get that *$#! paid down so I can QUIT my part-time job! I think I have a new attitude about it all...before I could never see a light at the end of the tunnel so I just kept buying stuff because I figured I'd always be in debt. Now I can see a dim light so it sort of gives me the energy to work harder because it CAN be done!Sorry...just had to share my excitement with someone.

[Mavrik]

Sweet. I remember when I paid off mine (also sold it to do so) but it felt good.

[BlueCrush]

Awesome! I look forward to when mine is paid off next year.

[Whelan]

Now you can go buy another new car and stimulate the economy, whoop!I still got another two years.

[808 Vibes]

Yay...so exciting! We just have Frosty to go...more than half paid off already...my mom always makes 2 payments on her a month.

[lovemyraffe]

I won't be excited for you until it is officially paid.Ok I'm not that mean, CONGRATS! THAT IS AWESOME!

[jake75]

Debt free makes for a better night's sleep. I do a lot of tax work and see many retired people with big mortgages. Those monthly payments really put a crimp in your lifestyle. Over the years I have advised people that receive a windfall (like an inheritance) to pay off their mortgage. Unfortunately most have not following my advice - somehow they think spending $1 on interest to save 25 cents on taxes is a good deal. Then there are those who think they are better off investing the money in the stock market. Right - that worked out well didn't it!

[jimincalif]

That's excellent, congratulations. And with just 44K miles your Vibe has lots of life. Sounds like a good plan, get the other stuff paid off first. Keep the Vibe, take good care of it, keep saving and maybe you can pay cash for the next car!

[psiu]

Good to hear!our 3 year loan is up November this year, just paid off a smallish personal loan early last month, and should have my ancient (1995-98 vintage) student loans paid off this year or early next year. CCs have been getting lower, should start to make a bigger dent once the Vibe is done. Hopefully getting all that done should bump me past the 800 mark credit score wise (around 725-750 currently).Being debt-free is a great goal to work towards.

[Wolfman213]

I've got 4 to go too!! Oh, wait, I have 44 to go