Forgot to add... I will increase my car payment after the last credit card is paid off too so... it will essentially triple what my car payment is now and I will have it completely paid off much sooner.
If it's any comfort to anyone who thinks of giving this a try but are worried about being so tightly constricted - you get used to it. You really do. Then, when you have it all paid, just think of the money you will be saving every single month and how fast your savings will grow!
After that, you can start checking into making that money make even MORE for you later. IRAs, CDs... lots of options out there but you need to investigate every available one. |
P.S. - penny wise
