Paid my car loan off

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03-18-2011, 02:41 PM

#11

hperttula123

Super Member

Join Date: Aug 2010

Location: Northern Wisconsin

Posts: 7,991

That is great you got that paid off. :) Look at all the interest you saved too!!!

03-18-2011, 02:43 PM

#12

sewingsuz

Super Member

Join Date: Nov 2010

Location: Arizona

Posts: 7,850

I follow all Suzie Orman's advice. She knows what she is talking about. I am happy for you. Yes the stock is falling agian cause for the world. good think to get out of it now.

03-18-2011, 03:18 PM

#13

CarrieAnne

Power Poster

Join Date: Apr 2010

Location: Whitewater, WI

Posts: 24,528

Congrats! I bet it feels good!

03-18-2011, 03:36 PM

#14

sewmuchmore

Super Member

Join Date: Nov 2009

Location: Georgia

Posts: 3,563

Quote:

Originally Posted by quilt1950

Our house will be paid off in 2011. Probably December 2011, but still THIS YEAR. That makes me feel great.

You and me both. I was hoping for June but my hours were cut back so now it looks like Oct. :?

03-19-2011, 07:29 AM

#15

pojeda

Junior Member

Join Date: Jul 2007

Location: Killeen, TX

Posts: 215

Congrats! It feels so good to have a bill paid off!

03-19-2011, 07:30 AM

#16

pollym44

Super Member

Join Date: Nov 2010

Location: Natchez, Ms

Posts: 1,482

My retired co-workers and I lost so much this year on our investments. But it could be worse. Just hang in there, maybe the market will rebound and we will all get some of it back!!!!

03-19-2011, 07:45 AM

#17

abdconsultant

Super Member

Join Date: Oct 2010

Location: Western North Carolina

Posts: 2,916

Good for you.

03-19-2011, 08:51 AM

#18

Lisanne

Super Member

Join Date: Jun 2009

Location: East Coast

Posts: 2,221

I think you made the right decision. You may hate dipping into your savings, but you actually saved more by not paying the loan interest than you would have gotten in interest on that amount of savings. (If you took a loss on the stocks, at least you can write that off on your taxes.) And it's one less monkey on your back, and no worries about it being repossessed if things should have gone really wrong.

03-19-2011, 01:17 PM

#19

laurilli

Senior Member

Join Date: Jan 2008

Location: wisconsin

Posts: 491

Congrats!! we paid off our house in Dec 2010 and my car in Feb 2011 I am so doing the happy dance. I too have been unemployed for a long time than found a part time job-just got to what you got to do. Hang in there something will come up for you too.:)