Budget & Finance > Saving MoneyJuly 05, 2005

Just Paid off Your Car?

You can save a lot of money if you recently paid off a vehicle. Put the money you would have paid for the car payment in a savings account every month. If you've spent a couple years making the payment anyway, a couple more can't hurt. And you'd be surprised at how quickly it adds up!

By Sarah

Editor's Note: You also can reduce your car insurance coverage and save quite a bit of money.

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By
11/19/2010

Great idea! Then you can pay cash for your next car and no car payments!

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