0%, I can understand but even a 2% loan there's nothing wrong with paying it off early.If you paid off your 0-2% loan early, its cause for financial education not celebration. If you skipped those rates for the maximum time period, same education.
Some people view all debt as bad and want to get rid of it as soon as possible. No problem with that as those people also typically are savers with strong long-term financial strategy. Wish there we more of them. Too many people on the opposite end underwater on a depreciating asset.If you paid off your 0-2% loan early, its cause for financial education not celebration. If you skipped those rates for the maximum time period, same education.
Some will say it is since the rate of return on investment is much higher.0%, I can understand but even a 2% loan there's nothing wrong with paying it off early.
Oh for fuck sake! Dude is happy the car is paid off and half the replies are smart ass comments on financial points of view.Good for you OP.
Wish I had mine payed off so the smart ass kill joys could be shitting on my paradeTruly amazing how quickly a reasonably fun, or any, thread gets derailed... Back to paid-off 'Stangs!
Mine woulda been paid off. But I keep buying dumb shit like cowl hoods and side vents and superchargers. Damn after marketWish I had mine payed off so the smart ass kill joys could be shitting on my parade
Some people view all debt as bad and want to get rid of it as soon as possible. No problem with that as those people also typically are savers with strong long-term financial strategy. Wish there we more of them. Too many people on the opposite end underwater on a depreciating asset.