by Beks
I was driving home from work last night when I noticed a new billboard. The local credit union was advertising car loan rates starting at 2.9% and suggested all motorists finance or refinance vehicles into their ‘great low rate’.
‘Hmm. Maybe I should consider refinancing this baby’ I thought as I tapped the steering wheel of my Mazda. ‘What am I paying now? 5.9%?’ I wondered.
I kept repeating the name of the credit union in my head over the next few miles until I remembered one fairly important fact…
We paid off my car two years ago when we decided to change our lives to become debt free.
I am so used to paying payments for everything in my life that not having a payment is still a foreign concept. I still smile when I remember… that payment is GONE!!! It was a nice ride home.
Beks is a full-time government employee who enjoys blogging late into the night after her four kids have gone to sleep. She’s been married to Chris, her college sweetheart, for 15 years. In 2017, after 3 long years working the Dave Ramsey Baby Steps, they paid off more than $70K and became debt free. When she’s not working or blogging, she’s exploring the great outdoors.
NOT having a car payment is one of the greatest feelings in the world. 🙂
“I am so used to paying payments for everything in my life that not having a payment is still a foreign concept.”
Ha, I am a first gen immigrant to the US and if you completely reverse that statement, then that’s exactly what I feel. Having any payment other than monthly utility bills makes me uncomfortable :).
Congratulation Beks, you belong to the exclusive club of “Debt Free” American that comprise less than 5% of USA.Forget the credit union no interest is always much better that 2.9%.