Results 1 to 10 of 15

Thread: Finance Question

Hybrid View

Previous Post Previous Post   Next Post Next Post
  1. #1
    Lifetime Member Getting Dirty Core XK's Avatar
    Join Date
    Jul 2012
    Location
    Sicklerville, NJ
    Posts
    1,529
    Rep Power
    13
    Yeah I know what you mean. My fiance is finishing up her masters with only 30k in total student loan debt. I wish I was as smart as her and got scholarships lol ill owe much more then that once im finished my masters.....

    Sent from my SCH-I535 using Tapatalk 2
    2010 Silver HEMI XK QTII

    My Garage: http://www.theultimatejeep.com/showt...re-XK-s-Garage

  2. #2
    Senior Member Getting Dirty The_War_Wagon's Avatar
    Join Date
    Nov 2011
    Location
    da' 'BURGH
    Posts
    666
    Rep Power
    13
    College loan, credit card, and enough left over for a nice dinner!

    ta da.
    '07 Jeep Commander, Rocky Mountain Edition - 287 V-8 - Superchipped - aFe Stage II R-5A CAI - Flowmaster Super 44 - 2" Daystar lift - Spidertrax spacers - 32x10.5x17 Cooper A/T's - Fastman throttlebody - Skyjacker 8000 shocks

  3. #3
    Super Moderator Getting Dirty 07JeepXK's Avatar
    Join Date
    Jun 2010
    Location
    East Aurora, NY
    Posts
    3,082
    Rep Power
    17
    That's easy, pay off the student loan and credit card which will free up money each month. Use that extra money to pay more than the monthy payment on the car and before you know it the car will be paid off. Once that's paid off you'll have a bunch of money free each month for the jeep. Just my .02
    2007 4.7 Liter XK | Front Modified OME HD Lift | Rear 4" Superlift | JBA UCA's | Rusty's Rear Adjustable Track Bar | Rysty’s Adjustable Upper and Lower Rear Control Arms w/Heim Joints | Mickey Thompson Classic III 17x9 Wheels | 315/70R17 Goodyear Duratracs | Airflow Snorkel | Flowmaster 40 Series Muffler | Superchips Flashpaq | Mopar Skids | 4xGuard Belly Guard | American Rebel Rear Diff Cover | Rear Powertrax No-Slip | Front Electronic Locker | Rear Heat/AC Delete

  4. #4
    Senior Member Getting Dirty BonesWK's Avatar
    Join Date
    Aug 2011
    Location
    Wilmington, NC
    Posts
    615
    Rep Power
    13
    Thanks for all the replies guys, you have made my decision easy!
    Ryan ---- 2006 WK 4.7 QDII <- Click for Garage
    2.25" RR Lift - Front Bilstiens - Rear OMEs - 32" Wildpeaks - Saguaro 4x Shackles - Tail Light Guards - AFE intake - Rola - Exhaust
    Twitter Facebook ---- Chive On
    Quote Originally Posted by AJeepZJ View Post
    Can't wait to see that big girl on those fat meats!

  5. #5
    Member Looking for Dirt
    Join Date
    Nov 2013
    Location
    North Augusta, SC
    Posts
    77
    Rep Power
    11
    And if you get in a pinch, the wife's car can be sold to take care of eliminating that debt.
    2007 XK Limited
    4.7 Flex
    QDII
    Superchips Flashpaq

  6. #6
    Administrator
    Join Date
    Sep 2019
    Posts
    1
    Blog Entries
    36
    Rep Power
    10
    Debt Reduction is something I know a lot about, paid off all my debts except my house in 1.5 years (and I had a lot of debt).

    Here is my advice...

    Pay off college loan - $6,600
    Pay off credit cards - $2,300 (and don't use them again)
    apply balance to wifes car - $1,100

    THEN... take the money you were paying monthly for your college loans & credit card and apply it to the wife's car payment.
    2006 XK Limited, 5.7L Hemi
    Dark Khaki, QDII, Rocky Road 2.25" lift, Steel Armadillo front bumper with Warn PowerPlant winch, Steel Armadillo rear bumper w/ tire carrier, Rock Sliders, Light Bar & Front Fender Tube Fenders, 4xGuard belly skid plate & rear differential guard, BFG M/T A/T 255/75R17s on Rubicon rims, Spidertrax 1.5 inch wheel spacers, Rhino Rack Pioneer Tray with FoxWing Awning, Superchips VIVID Programmer, Air Flow snorkel, Steel Armadillo Secure Console, Cobra CB Radio, Lock Pick Video Programmer, ASFIR Skid Plates.

    Knappster's Garage


    Profile for Knappsters

    AKA: the Owner of The Steel Armadillo L.L.C.

  7. #7
    Super Moderator Getting Dirty 07JeepXK's Avatar
    Join Date
    Jun 2010
    Location
    East Aurora, NY
    Posts
    3,082
    Rep Power
    17
    Quote Originally Posted by Knappster View Post
    Debt Reduction is something I know a lot about, paid off all my debts except my house in 1.5 years (and I had a lot of debt).

    Here is my advice...

    Pay off college loan - $6,600
    Pay off credit cards - $2,300 (and don't use them again)
    apply balance to wifes car - $1,100

    THEN... take the money you were paying monthly for your college loans & credit card and apply it to the wife's car payment.

    ^ exactly what I said. Minus forgetting about the $1100 left over that you can put on the car payment
    2007 4.7 Liter XK | Front Modified OME HD Lift | Rear 4" Superlift | JBA UCA's | Rusty's Rear Adjustable Track Bar | Rysty’s Adjustable Upper and Lower Rear Control Arms w/Heim Joints | Mickey Thompson Classic III 17x9 Wheels | 315/70R17 Goodyear Duratracs | Airflow Snorkel | Flowmaster 40 Series Muffler | Superchips Flashpaq | Mopar Skids | 4xGuard Belly Guard | American Rebel Rear Diff Cover | Rear Powertrax No-Slip | Front Electronic Locker | Rear Heat/AC Delete

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. ESP question
    By HoosierJeeper in forum General Jeep Commander & Grand Cherokee Discussion
    Replies: 13
    Last Post: 08-22-2013, 11:28 AM
  2. Question
    By sean112280 in forum Wheels & Tires
    Replies: 4
    Last Post: 06-22-2013, 12:33 PM
  3. XK OME Question
    By carb850 in forum Suspension & Lifts
    Replies: 3
    Last Post: 02-27-2013, 06:26 AM
  4. Question
    By Sal-XK in forum Wheels & Tires
    Replies: 22
    Last Post: 03-13-2012, 02:39 PM
  5. How To Question.......
    By IamJEEP in forum Forum Help/Rules/FAQ's
    Replies: 6
    Last Post: 03-29-2011, 12:13 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •