Paid off my CAR finally!

[tripods68]

So Thursday I felt ill during workday. So Friday my doctor told not to go to work...stay home and rest. Feeling the need to feel better, I decided to pay our car remaining balance of $2061.35 So I went online and completely PAID IT OFF last night. My title will be mailed and I should get it in about a week. I can finally take a deep breath now!!!!!

[creditcardfree]

Congratulations!! A title in hand is a nice way to own a car.

And I hope you are physically feeling better, too.

[tripods68]

Congratulations!! A title in hand is a nice way to own a car.

And I hope you are physically feeling better, too.

Thanks....I feel GREAT now the 'monkey' is off my BACK!

[corn18]

Congrats! It's a great feeling to not be paying on a car loan. Even the 0% kind.

What's your plan for the newly freed up car payment? You could keep taking it out and put it into a new car fund.

[disneysteve]

Congrats! And I hope you are feeling better too.

It's very nice not having car payments. We were payment free for years although right now, we owe about 8K on my wife's van but that'll be gone soon enough.

[bigdaddybus]

Congrats! We have had years with vehicle payments and years without. The ones without are definitely better.

[tripods68]

Congrats! It's a great feeling to not be paying on a car loan. Even the 0% kind.

What's your plan for the newly freed up car payment? You could keep taking it out and put it into a new car fund.

We plan to add the freed up extra $$ towards building 6-months of EF/Savings lump into one. Our goal is $60k by the end of the year which may happen depending what market does. Currently our savings is $36k but we also use this account towards paying our property Tax, vacation trips, and car maintenance expenses. But we also looking to buy a bigger home in the future in a year or two.

Btw we won't be spending anymore towards purchasing a newer car. We hate the idea now of another car payment unless we can afford to pay cash for it. I know but I don't preach Dave Ramsey but I'm starting to listen and walk the walk.

[TheKayla]

Congrats, it must feel so great! I can't wait to be there myself, and I plan on never getting a car loan after that again!