It’s time to celebrate! PT from Prime Time Money paid off his car loan! Now, PT wants to know – What To Do When You Pay Off The Car? Let me agree with PT when he writes: Take Time to Celebrate – First, give yourself a good pat on the back for knocking out this debt. Consider a celebratory car…
Month: January 2009
Shifting Focus – Updated Goals For 2009
Earlier this month, I wrote about my financial goals for 2009. After talking things over with my wife for the past couple of weeks, we have decided to shift our focus – temporarily – away from aggressive long-term saving and towards aggressive short-term savings. Here are the changes we plan to make – Original Prioritized List Of Personal Finance Goals…
5 Debt Reduction Methods
Debt Avalanche – List your debts – from highest rate to lowest rate – and make minimum payments to all accounts. Make extra payments to the first account on the list, until it is paid-in-full. Combine amount (minimum payment and extra payment) which had been going to the first account on your list, and apply it to the second account…