Today I sat down to see how close we are to paying off the car loan. At last check we were about $3000 short.
I have been doing several things to try to come up with this extra cash. So far I have saved $240 from my babysitting money. Sold Kid #2's old bike for $ 25. Sold Kid # 5's outgrown clothes just by offering them up cheaply on my facebook page and also utilizing one of the facebook yard sale sites in my area, making $40.
I have shaved $100 off our grocery budget in the last few weeks. By doing all of this I have come up with an extra $405 to put towards the car loan.
Kid # 3 has been making $100 monthly payments to us also since we helped her purchase her car. I added that money to our car repayment.
Our total still owed is now sitting at $2,375.53.
I plan to post once a week our progress on coming up with this extra money. I have made a list of several things we have that I want to try to sell. I am also having a yard sale with my daughter in law and her family so hopefully I can make some money at that too!
I am trying my hardest to have this loan gone by the end of September! Wish me luck!