Have you ever considered financing your new car for 84 months? That's a full 7 year loan! Granted, I've had my share of 72 month loans. Heck, our Chevy Malibu was a 72-month finance, but we paid it off in just 2 years! But not everyone is getting … [Read more...] about More Auto Buyers Turning to Leases and Longer-Term Loans
Where to start? First, due to the changes in mortgage rates and house prices, we've had to think about refinancing. As I mentioned, we're rather stuck with lower property values infringing on the equity we need to be able to refinance both of our … [Read more...] about Rerouted Debt Payment and Debt Scale Changes
I was laying on the padded table at the rehab yesterday, doing back and leg stretches to fix my herniated disk when I realized something important: the steps to rehabilitate your body are similar to fixing your finances. Don't believe me? Well, … [Read more...] about Rehabilitate Your Finances
Over the last few months, I've been complaining to Stacie that 2007 seemed like a year down the drain. I didn't have the feeling that I accomplished much all year, but in reality I, and we, accomplished some huge feats: We paid off our Chevy … [Read more...] about 2007 Financial and Life Review
Some of you may have noticed that the red bar for the MINI Cooper in our debt scale on the right sidebar is gone. That means that both the bank loan and the 0% credit card loan are all paid off! That also means that we paid off over $19,000 in just … [Read more...] about The MINI Cooper is totally ours. Next up…
Last Friday, I sent out the check (from online billpay) to pay off the bank loan for our new (to us) MINI Cooper. As you may know, we had about $13,285 owed at the bank and $6,000 on a 0% credit card (the MINI Cooper themed card). We used the money … [Read more...] about The check has cleared and the MINI is ours…almost
August was a successful month with our net worth, but the stock market didn't help. Our overall net worth increased by 5.99% last month, thanks to an impressive debt payoff. We paid off about $3,800 in debt principal and gained about $1,100 in … [Read more...] about Net Worth Review: August 2007
Back in June, I asked "what's our next early payoff challenge". We have credit card, auto and student loan debt, plus our mortgage (but that doesn't count right now). I was really leaning towards paying off our credit card debt next, even though it's … [Read more...] about Classifying your debt: The Good, the Bad and the Ugly
