The Conservative Cave

The Bar => The Lounge => Topic started by: Mr Mannn on June 20, 2008, 05:55:20 AM

Title: My Truck will be paid off in Jan 09.
Post by: Mr Mannn on June 20, 2008, 05:55:20 AM: and I have only 28K Miles on it.
I struggled and put aside other things to pay this off. And in January, I will be free!
I won't care about gas prices. (well i will, but it won't hurt as much)
I will have a few years free of any auto payments. Freedom. it feels so good.

:cheersmate: Celebrate with me. Hoist a virtual cold one.
Title: Re: My Truck will be paid off in Jan 09.
Post by: Schadenfreude on June 20, 2008, 07:17:35 AM: Congratulations, enjoy your truck that's fully paid for! :cheersmate:
Title: Re: My Truck will be paid off in Jan 09.
Post by: Lord Undies on June 20, 2008, 07:31:00 AM: I feel your joy. The July 30th payment on my wife's truck will be the last one. It is a chunky payment too. Its absence from the budget will be a financial lift.
Title: Re: My Truck will be paid off in Jan 09.
Post by: Flame on June 20, 2008, 08:14:47 AM: Congrats!! :cheersmate:

I wish I was in your boat, but not even close.
Title: Re: My Truck will be paid off in Jan 09.
Post by: BEG on June 20, 2008, 08:40:28 AM: There is nothing better than the feeling you get when you pay off a big ticket item. Congratulations!
Title: Re: My Truck will be paid off in Jan 09.
Post by: LaceDustBoots on June 20, 2008, 09:15:58 AM: Our truck will be paid off in Jan 09 too! Plus our travel trailer will be paid off Oct of this year!!!! An extra $1300 a month, whew. Yipeeee!

:cheersmate:
Title: Re: My Truck will be paid off in Jan 09.
Post by: CactusCarlos on June 20, 2008, 09:53:11 AM: Quote from: Mr Mannn on June 20, 2008, 05:55:20 AM
and I have only 28K Miles on it.
I struggled and put aside other things to pay this off. And in January, I will be free!
I won't care about gas prices. (well i will, but it won't hurt as much)
I will have a few years free of any auto payments. Freedom. it feels so good.

:cheersmate: Celebrate with me. Hoist a virtual cold one.

:cheersmate: 'grats Mr Mannn. I paid my Tacoma off in January of this year and am about to dive into another 4 or 5 years of car payments :bawl: :rotf:
Title: Re: My Truck will be paid off in Jan 09.
Post by: DixieBelle on June 20, 2008, 12:15:28 PM: Congrats!!!! Invest that former payment or stick it away. You'll need it when we're all wearing Carter's sweaters :-)
Title: Re: My Truck will be paid off in Jan 09.
Post by: Miss Mia on June 20, 2008, 12:25:58 PM: Congrats! :cheersmate:

I envy you, I financed my car for 72 months to get the payment low enough that I could afford it.
I've made 31 payments and have 41 remaining (to be paid off Nov. 4, 2011)

But, I pay extra on my principal every month, so I can get it paid off sooner.
Title: Re: My Truck will be paid off in Jan 09.
Post by: Chris_ on June 20, 2008, 12:30:35 PM: Strong Strong recommendation:

Take that amount (chop off a few bucks for yourself) and PAY IT TO YOURSELF EVERY MONTH. Open an account and start (automatically) move it to a separate account. After a few months and you get that account seeded, look into investments.

You already are used to not "having" the payment amount -- just stay that way.

I did that and used it to overpay my mortgage. It looks like I will own my condo in 3 years,
Title: Re: My Truck will be paid off in Jan 09.
Post by: mamacags on June 20, 2008, 03:19:02 PM: We paid off both of our vehicles in March. It felt so awesome!!!!! :cheersmate:
Title: Re: My Truck will be paid off in Jan 09.
Post by: Chris_ on June 20, 2008, 04:56:27 PM: I'm about to start a new job in a couple of months. If I've figured my after-tax pay correctly, I might be able to pay my car off two years early.

I hate car payments.
Title: Re: My Truck will be paid off in Jan 09.
Post by: RobJohnson on June 20, 2008, 04:59:12 PM: I would spend the left over money on hookers.
Title: Re: My Truck will be paid off in Jan 09.
Post by: LaceDustBoots on June 21, 2008, 07:51:53 AM: Quote from: RobJohnson on June 20, 2008, 04:59:12 PM
I would spend the left over money on hookers.

LOL, that's a good idea. Maybe he'll stop following me around the house with his tongue hanging out or let me sleep without getting pawed on. Geez, we've been together for 12 years! :naughty: