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re: Paying off car faster than normal monthly rates

Posted on 3/15/15 at 8:25 pm to
Posted by rpg37
Ocean Springs, MS
Member since Sep 2008
48195 posts
Posted on 3/15/15 at 8:25 pm to
Yeah, I was surprised my adviser suggested it, something about it being a depreciating item. But, I still max out the retirement accounts, so I am just pushing my savings in there. I agree, I am really only going to save maybe $500 total...
Posted by ItNeverRains
37069
Member since Oct 2007
25594 posts
Posted on 3/17/15 at 8:16 am to
quote:

Yeah, I was surprised my adviser suggested it, something about it being a depreciating item. But, I still max out the retirement accounts, so I am just pushing my savings in there. I agree, I am really only going to save maybe $500 total...


unless your hitting a fixed income status around the time this $1500 would accelerate payoff, I'd be looking at a new advisor
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