pay off my car loan

I made the last payment last week and I’m all done! I officially have no debt in my name! (Oh, er, except for my HECS, but let’s leave that for another goal)

I paid off my loan 8 months earlier than expected, and I’m so proud of myself. Next time I need a car I’m going to save up first and not borrow to buy it.

Woohoo debt free!!

I sold my car nearly a year ago when I quit a job. The public transport around my place is so good that it was really just sitting in the garage for 6 days a week anyway. I’ve been making really small payments on the loan, when all of a sudden I realised that I could make extra repayments! I wish I’d thought of that earlier instead of leaving it at the automatic amount.
Last fortnight I paid 4x the normal amount, so that means I just have 3x more payments to make! Sadly that last payment threw out my budget a bit, so it might be another month before I can pay the whole thing out, but I am determined that it will be done by the end of October!