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Finally paid off my car two years early

I bought a used Honda Civic in 2021 for $12,000 and the loan was for 5 years. Last week I made the final payment and saved about $900 in interest by throwing extra cash at it every month. It wasn't huge amounts, just $50 here and $100 there from side gigs and cutting out takeout. Has anyone else found that chipping away little by little works better than trying to save up a big lump sum?
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richardk26
richardk264d agoOG Member
Did you track how much you actually saved from skipping takeout?
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emmajackson
That math only works if you didn't have a prepayment penalty.
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