Financial help

I would pay it towards the car, from what you said it frees the most money up & it gets rid of a prier comment. This will free money up each week to put back into escro just in case. If you save this money & you can always double a monthly payment towards interest this will pay the truck off just as fast. Maybe faster depending on bal...

 

Why don't you just use the money you have to pay cash for a good used truck? You save the interest and don't have to worry about making payment on the truck.

 

Keep it in your piggy bank. You may need it.

 

Im in the same boat, ive been looking at 08-09 petes and theres some fine 07's out there for great price

 

Pay off the car

 

You said that the car was a lease? Do you save anything on interest or fees by paying it early? If you don't or its not much I wouldn't pay it off. How much are you home? I'm not home much and don't drive much so I don't need much of a personal vehicle. Before I went otr I bought an old Toyota for $3, 000 had to put another $1, 200 into it in repairs right off the bat and $500 since. However I've had it for 7yrs resale on it is still around $3, 000-$3, 500. The money I've saved by having that old POS is stupid, and its insurance is nothing. Why not just use the $3,000 to buy something similar, give the lease car back early, then continue to make a payment to yourself and save the money for a new you can eventually pay cash for?