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| General Registry Discussion Topics of Interest (Mach 1 Related or otherwise) for discussions that don't fit other forums. |
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09-02-2004, 11:13 PM
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#1 |
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Registered User
 
Join Date: Jul 2004
Location: vegas,nv
Posts: 19
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sold boat........now what?
ok so i sold my boat and i have just enuff to pay my mach off, is it stupid to pay it off or should i invest it in something eles and keep making payments? im up in arms in this one, i thought id pay the car off, since i have 3 ...count them 3 car payments but....now i got the cash im not sure. hellllp......
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09-02-2004, 11:36 PM
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#2 |
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Registered User
 
Join Date: Mar 2003
Location: Vacaville, CA
Posts: 1,624
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I'd pay off the mach. One less car payment is worth it.
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Steve Foley |
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09-02-2004, 11:42 PM
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#3 |
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Braderunna
 
Join Date: May 2004
Location: hampton, va
Posts: 4,949
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dump the cash into the highest interest loan you have. Then when that loan is paid off, take the money you have been putting in that one and start double payments on the next highest interest one. Repeat as required...
You'll get everything paid off quicker that way, and save some money in interest over the long haul.
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"Sparky"- 2003 Azure Blue w/MT and IUP Visit my garage on mach1mustang.org for details. |
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