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Payroll Tax to the Truck Loan

November 16th, 2012 at 02:25 pm

I sent $61.35 to our truck loan yesterday. This brings our principal balance to $6,827.60. Yippee!

Since the payroll tax is likely to increase 2%, back to 6.2%, I figured this money is extra for now. That extra should do something productive while it can. For us that is just another three pay periods.

Our regular payment will likely process on Monday, bringing that balance down even more! Can't wait!!

Posted in Taxes, Debt | 2 Comments »

2 Responses to “Payroll Tax to the Truck Loan”

  1. twest Says:
    November 16th, 2012 at 02:32 pm 1353076329
    1353076329

    I think that is so smart of you for using that little extra now while you can. Way to go! You are going to have that truck paid off in no time.

  2. scottish girl Says:
    November 16th, 2012 at 03:42 pm 1353080522
    1353080522

    That's great!

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