Pay your car loans first!

We are all trying to stretch that dollar bill as much as we can and lately I have been trying to cut down on my monthly costs and I have done some number crunching.
Turns out the main costs are associated with the house loans and taxes (no big surprise there) but there's not much you can do if your rate is decent and you do not want to sell the house to get something smaller or cheaper so let's look at the next big ticket item.
Well, if you are repaying a car loan, look no further!
That's where the next big expense is. The average monthly cost is anywhere between $250 to $600 pe month. That is a total of $3,000 to $7,200 a year.
If you have some extra money in savings, do yourself a favor and pay off the car. It would be like a raise for the year. And trust me, not having to pay a payment every month will be very rewarding and will determine you to stretch the use of your car a bit longer.
Good luck!
Etiquetes: carloans money saving
Escrit el 25-04-2013 23:28 | 0 Comentaris | Preferit 0 vegades | Marcat 0 vegades com a no apropiat


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