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.