The only thing better than hearing about someone’s great bargain is being able to get that same deal yourself. Here’s part 14 of my "The Best Deal I Ever Got" series:
Pay Off Your Debts Early
“When my husband and I got married, he still owed thousands on a car he had purchased only two years earlier. I had saved and paid cash for my last car, and we decided that paying his car off early would be a wise financial move. So instead of buying new furniture or going on an expensive honeymoon, we applied the money we saved from consolidating our households and made extra payments on his car. In less than a year, the car was paid off saving tons in interest. We then kept putting aside money in a car payment fund to pay for the next car. Five years later, when we were ready to get a new car (with 4-doors for the kids), we gave the car to my sister and paid cash for the new one. Earning interest is a lot more fun than paying it! By the way, my sister has driven that car for six years!”
Total Savings: Over $2,000
Jill N., Kentwood, Michigan
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