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Pay Off Your Car and Keep It

I did this!
Tip #61 - April 14, 2015

Once you’ve paid off your car note, try to keep your car as long as possible. Unless it is unsafe or breaks down often and ends up costing you more money in repairs in the long run, keeping your vehicle in good working condition and driving it a couple of years after you’ve paid it off can boost your savings. Money you would have spent on your car note can now go toward other budget items, such as your emergency fund.