No. of Recommendations: 3
No, this isn't (yet) an occasion for a happy dance, but let's just say I'm doing a little wiggle in my chair. Dh and I sat down last night and addressed our financial goals, and we decided we have an extra $1500 to throw at the principal on our car loan this month(!!). We'd been holding off paying down this loan because of other concerns (we are getting ready to sell our house next spring), but it looks like everything will be fine, and we can remove $$ from our e-fund to get back on the debt-reduction wagon. The loan stands at around $9,500 now, with an 8.25% interest rate, so I'm eager to get rid of it. When we sell the house we may sell the car to finance 2 more basic vehicles, and having the loan paid off will give up more to work with.

Oh, I feel so good now!

-Danielle
p.s. An added bonus ... we were able to request postage-paid envelopes from the loan co. so we won't even have to pay for the stamp.
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