Comments on: How to Pay Off a Car Loan

By: Creating a Savings System that Works

Creating a Savings System that Works — Thu, 15 Dec 2011 18:03:24 +0000

[...] Replacement Fund: As you can tell from our previous posts, my husband and I have been trying to avoid car loans for awhile. We paid off the car loan on the Jetta and haven’t looked [...]

By: Creating a Sustainable Lifestyle that Suits You - Untemplater — Untemplater

Creating a Sustainable Lifestyle that Suits You - Untemplater — Untemplater — Fri, 14 Oct 2011 06:53:40 +0000

[...] While I did fine grade wise, I could’ve relieved myself of undue stress.I’m happy to no longer have car payments and I now put aside some of the money saved into a car replacement fund.How much you can save? With [...]

By: Adam Beach

Adam Beach — Thu, 11 Aug 2011 19:03:13 +0000

I have 10980 left to pay 24 months exactly on a 5 year car loan . I am paying 100 extra permonth . is this the trick ? am i doing the right thing . by paying it in the payment or should i send it seperately .

By: Huey McLain

Huey McLain — Sat, 26 Mar 2011 16:48:25 +0000

I’m 88 years of age and cannot invest in an IRA but have some money I would like to place in a inividual account and draw rhe interest annually. What is your advice on that?

By: Henry

Henry — Thu, 10 Mar 2011 07:20:19 +0000

I felt as though this was impossible on a part time pay of $220.00 a week and two car notes. My fiance and I both worked at the same company and both lost our jobs during a merger. I was lucky to find work and she hasn’t just yet we didn’t get unemployment (fighting the case for wrongful termination), but with a vehicle from JD BYRIDEr. Yea I know I was stupid and desperate my 2002 PT Cruiser is costing me $180.00 every two weeks plus gas and full coverage coming out to about $450.00. Then comes my fiancée’s car -2005 dodge with a not of $279.86 a month.

These are the steps I took – first, found a studio apartment to live in with everything electric; applied for lower energey rates for being in hardship. I went from a $865.00 apartment to a $385.00 studio about $500.00 in savings a month. I then switched from Progressive to Liberty Mutual insurance, dropped in total from $189.87 each to just under $60.00. It is still a tight squeeze and a huge sacrifice, but its better then being in the streets and this gives us time to learn better money management.