How to pay off my car loan by the end of 2009
It made me
Glad 
"A painful end to an expensive experience"
How I did it: I had a fixed amount come off my bank account each month, which ends up being a rather large amount of interest that I pay. R30 000 in total. The scary thing is that over the 4 years I was paying R20 000 comes off, and then for the 5th and final year R10 000 interest. So I decided to pay off the remaining money this month and get it over with. Doing an IBT wan't easy, 2 different banks don't always talk well to each other
Lessons & tips: Save for an extra year or so and pay the car off cash. Way smarter idea! Interest is too much!
