A couple months ago, we decided to get angry. We said we’re sick of this consumer debt and we want out. So we did it, we put copious amounts of our extra cash into our car loan. About ten days ago, I went in to write the last check and paid it off about a year and a half early. What a joy it was to log into my chase account and see this:
So, we’re not done entirely yet. We still owe a bit of cash on the van, but we’re making some sweet progress. After that the only debt will be our house.
I’m not really saying this to gloat or anything. I’m actually trying to encourage anybody out there. Consumer debt is a major pain in the arse. But you can get out, you just gotta get angry. Arrr!
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Congrats dude! I can’t wait to get out of debt too! We should be able to pay off our car early in about 4 more months.
Then comes the big one – school loans.
§ #1 By Matt Martin at 10:27am on July 18 2005
Yes, way to go. Saving rather than spending money is something our culture isn’t very good at.
Now you can take out a loan to add that extra room to the house for the brewery.
§ #2 By John Mark at 10:27am on July 18 2005
Yeah. Ditto. I’m impressed. Way to be not-quite-ordinary.
I’m looking forward to making my last Subaru payment in the very near future as well. I hope to have a house payment one day in the not-too-distant future as well.
§ #3 By AJ at 10:27am on July 18 2005