Mod her or pay her off?
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Joined: Mar 2005
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From: █ SF, CA █
Just wanted to point out (since I have experience here), that having a car paid off while being laid off isn't as helpful in the short run as having cash in the bank to cover rent/house payment/food...
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From: Irvine, SoCal
Originally Posted by jasonw,Aug 8 2005, 08:22 AM
To save the most money, you would probably be best putting your money into any Money Market or CD that pays over 1.9%...which should be very easy as the rates continue to rise.
Just wanted to point out (since I have experience here), that having a car paid off while being laid off isn't as helpful in the short run as having cash in the bank to cover rent/house payment/food...
Just wanted to point out (since I have experience here), that having a car paid off while being laid off isn't as helpful in the short run as having cash in the bank to cover rent/house payment/food...
You can easily invest monthly payments to get better than 1.9% return. This invesment should be viewed as a safety net in case of unexpected events.
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From: Home of LSU TIGERS
I don't think you should even ask for others' opinions on what you should do with your own money. Do what makes you happy. Or do what you know is right. I think modding will make you happier now, but having the car paid off will have you happier in the long run.
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