I sent in a big fat principal payment of $480 today. That brings our truck balance to $3226.02. We are getting closer to that next milestone, which will come mid February when our regular payment posts.
I mentioned how I've been contemplating just paying off the balance in our cash account and then paying ourselves back. Most of you thought we should just do it. MonkeyMama's gut says I will pay it off once it gets under $2K to $3K. I think her gut is right! You know me too well. Once this next payment hits I'll see how it feels to send in a lump sum and be done once and for all.
There is no major risk to taking this cash out. We have plenty on hand for major emergencies. If it were to drain us in a big big way, I would not even consider it.
Less debt on payday always makes me happy!
Fat Payment to the Truck
February 1st, 2013 at 06:32 pm
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