Car

I wanted to write down my feelings about my car.

I bought my 2005 Dodge Stratus in April of 2006 and my aunt nicely cosigned a loan for me and I was scared to death that I was going to disappoint her and not be able to make the payments and my car was going to get taken away from me. But I concentrated and made sure that my car payments came first before anything else. Then in March of 2008, my father in law had told me about this great deal with the credit union he belonged to, if I refinaced my car I could get a really low interest rate and it was much lower than the one I had now. So I looked into it and found out that if I paid about the same amount I could pay the car off in 3 years instead of 7 years with the new interest rate. So I figured it was a no brainer.

So I inquired to see if I could get approved for the loan myself to relieve my aunt of the responsiblilty of having to be a co-signer, and I did get approved without a cosigner I was so happy. So then I started dumping most of my paychecks into the car.

Finally after only 3 years of owning the car I have finally paid the car off. As of 5-22-2009 the car is officially mine (well and elijah's if you want to get techinical). I will receive the title in 2 weeks.

So for the first time since elijah and I got married we are completely out of debt. The car was the only thing that had us (me techinically) in debt. If feels great to have it paid off. Especially since we are going to have a baby, I can start saving up for that and maybe a house!!!