I had one, but the swivel head lock and the suction cup post broke within a week :/

I had one, but the swivel head lock and the suction cup post broke within a week :/

Credit Card companies love when you do that because they make more money that way, but it actually won’t make any difference to your score. If you slowly pay off a large purchase, then often times credit card companies will be willing to raise your credit limit afterwards. A higher credit limit can help your…

Here’s a link to that excel doc. It’s a free download, or you can pay for extended versions with more features.

The excel sheet I found (free to download the basic version) actually gives you a payment schedule with running balances of each loan on it. I am pretty impressed by whoever took the time to build it.

Yes, I’m doing the same. Just make a budget and pretend that extra money MUST be used as debt payment, and act like it doesn’t exist.

Agreed! I found an excel doc that had a drop down to allow you to put your loans in order based on the various payoff methods, or in a custom order. Depending on the amounts and rates of the loans certain payoff methods work better than others. I’d recommend that people explore each option, and find the right one for…

I can definitely relate to this. My wife and I are in the process of becoming debt free. Credit cards are paid off, now working on student loans, car, and house, all while trying to save a little cash for renovations/vacations.

It's a rough conversion. In the video it says 120g / 4.3oz

or “Confucius say...”

Yep!

No, not really.

Yeah, here I think you can always pay off a loan whenever you like, but there are sometimes fees or upfront interest costs when you do.

That sounds like it could be an ancient chinese proverb.

True. My wife’s car was purchased at a toyota dealership, and they shopped out the loans at a few banks for us. The ford dealership I purchased offered their own financing. It really just depends.

Yes, Nice work!

I got 0% at full retail on my last vehicle. I didn’t have cash at that time to pay it off early. It’s paid off now.

Nice work! That’s exactly my reasoning behind it. They think they will make more money in the long run, so they give you a better deal up front.

I don’t consider purchasing a vehicle comparable to making an investment. It’s a necessity. I’m not worried about depreciation as I will likely use it for at least decade. I am saving and investing now, so that I will have the extra funds when the time comes to make a purchase.

In general that is true, and I do have other investments as well. But the market is not stable right now, and I’d rather have no additional debt at the moment to keep my monthly spending down. Maybe in a few years it will be more stable.

Right, I haven’t heard of a dealership having early payoff fees, but you never know.