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Five months later....

Jen is going to the credit union today to pay off the car loan on the 2004 Accord.  Our first payment was 4/10.  We've paid less than $200 in interest for this car loan.

Now we start saving towards my next car, expected sometime after 2010.  Yes, I save up money that far in advance, and yes, I expect my 2001 Civic to last well until 2010...

It's good to be DINKs!

Comments

( 11 comments — Leave a comment )
msmcfeeley
Sep. 16th, 2004 07:18 pm (UTC)
Wheee my 1998 Honda Civic will be lasting me until at least 2010... hahahah it only has 35,000 miles on it.. maybe i should get out more?
rialtus
Sep. 16th, 2004 07:37 pm (UTC)
Considering my car is 3 years newer and has about the same mileage, yeah. Why don't you and La Cranka drive down to SoCal one of these days? That'd add some mileage...
msmcfeeley
Sep. 16th, 2004 08:33 pm (UTC)
Yeah, one of these days... such long and boring drive though.. LOL I'd rather spend $50 and fly for 45 mins.. hehehe
rialtus
Sep. 16th, 2004 11:28 pm (UTC)
True that. Except these days, you have to deal with three hours before, staying in an airport while they go through luggage and search for nasty pron weapons...
msmcfeeley
Sep. 16th, 2004 11:32 pm (UTC)
hahaha that's true!
To avoid the hassles I usually ship my porn and weapons ahead of time via UPS :D
tamble
Sep. 16th, 2004 08:09 pm (UTC)
Ha! I'm happy to see someone else using the same terminology. Every time my husband refers to us as 'Yuppies' I correct him. No, we're DINKs.
rialtus
Sep. 16th, 2004 11:09 pm (UTC)
I forget now who told me about "DINKing around" first, but I loved it and have used it ever since.
jumbach
Sep. 16th, 2004 08:17 pm (UTC)
Wow. I've got a 2000 Saturn I bought in late 2002, and still owe about $4,000 on. Congrats for paying off so early!!!

rialtus
Sep. 16th, 2004 11:11 pm (UTC)
I *HATE* debt and take great strides to get rid of it as soon as possible. I even hate that so-called "good debt", like mortgage interest, which is why we just refinanced down to a 15 year loan. Bah...
missingdonut
Sep. 16th, 2004 08:59 pm (UTC)
Note to self, use the DINK financial planning strategy.

Actually, once I graduate I plan to sock five grand a year into an account for buying a house. That's the joy of being single-income, no-wife :)
rialtus
Sep. 16th, 2004 11:14 pm (UTC)
Home-ownership is a wonderful thing, especially since the interest gets you a tax break, and you actually get something for your money (unlike rent).

The downside, at least in SoCal, is affording it. We couldn't even afford our house if we needed to buy it again because of the soaring home prices. Don't be discouraged!
( 11 comments — Leave a comment )