The Money Mustache Community

General Discussion => Share Your Badassity => Topic started by: JLee on September 11, 2016, 02:04:35 PM

Title: Killed the car loan (again)!
Post by: JLee on September 11, 2016, 02:04:35 PM

I moved from the desert to the east coast last fall and financed the $6k car I bought (I "moved" via one-way flight).  It was only at 1.99% but I got tired of the payment and knocked the rest of it out today.  I sold my AZ vehicle in May, so that's gone too. That leaves me with no debt other than my mortgage on my AZ house (total tax/insurance/interest) at $751/mo, which is generating $1150/mo in rental income.

It's a good day! :D

Next up, see if I can come up with $5500 by Jan 1st to max my IRA...

Title: Re: Killed the car loan (again)!
Post by: pdxmonkey on September 11, 2016, 02:06:10 PM

You have until April 15th to max your IRA for the prior year.

Title: Re: Killed the car loan (again)!
Post by: Full Beard on September 11, 2016, 02:59:50 PM

That's a good point pdxmonkey, but my guess is that JLee is trying to front-load his IRA for 2017.

Title: Re: Killed the car loan (again)!
Post by: JLee on September 11, 2016, 03:22:04 PM

Quote from: Full Beard on September 11, 2016, 02:59:50 PM

That's a good point pdxmonkey, but my guess is that JLee is trying to front-load his IRA for 2017.

Bingo. :)

Edit: omg your signature is fantastic!