Long Term Goal: Pay Off Car and Student Loans

As of July 8, 2008:
Car Loan $4,253.42
Student Loans $96,095.59
Total: $ 100,349.01

Obtaining this goal will be the thing that really opens up our life a lot more. It will release a major strain on our cash flow and make it so that we can really start either getting into a bigger house or piling up some investment assets. These two loans account for a bit over $1,000 a month in payments.

We’ve been making excellent progress so far! We had two car loans in there but we paid off one for $7,800 in about two years and we paid the other down to $4,253.42 from $15,000. We are working it down steadily.

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