The way I paid down a $20,000 auto loan in under 24 months

The way I paid down a $20,000 auto loan in under 24 months

Today’s post is taken to you by Amanda, a twenty-something who blogs about one particular concern: will you be pursuing a life that is intentional? Today, she shares her story regarding how she paid down her car in under couple of years!

Four months into my very first full-time task, we made a decision that is incredibly stupid.

We bought a vehicle that is expensive. And I also took down that loan doing it. A $20,000 loan.

It is essential to keep in mind that the $20,000 figure had been a totally arbitrary quantity We selected, at random, because I was thinking it sounded as an adult-level dollar add up to purchase an automobile. I didn’t adjust this figure predicated on my yearly income or the amount installment loans online near me of cash I’d saved within my family savings.

Now, before you believe I’m entirely economically inept, i am going to share a couple of things i did so right: