The Right Foot

Financial goals are a staple of new year's resolutions, and I certainly plan to make strides in that regard during 2016. January will mark the first time in three and a half years that I will not have to make a car payment. Yes, it's official, my car is paid in full!

What does that mean for my bottom line? It means an extra $4289.76 toward my budget for the new year. Oddly, that's not the part I'm excited about. I've got so much happening this year, that money is already spent. I'm positively thrilled, though, to get out from under the pressure of that loan. My car payment was really more than I could afford but, when I signed the papers, it was the best I could do. Now that it's gone, I feel like I can breath again! It's such a relief! 

My school loans still have me in a choke hold, and that's not my only debt, but it all seems less daunting now that I'll have a little more wiggle room in my bank account each month. It's motivating to have this happen now, right at the beginning of what I am convinced will be my year. I'm definitely starting out in the right foot!