20
Switched from renting a storage unit to paying off my car loan early
I had this storage unit in Austin for 3 years, paying $110 a month for stuff I barely touched. Last January I finally did the math and realized that cash could be going to my car loan instead. Sold off the junk on Facebook Marketplace, cleared out the unit in a weekend, and put the extra $1,320 toward the principal. My car is paid off 8 months early and I don't miss any of those boxes. Has anyone else found that dumping one monthly bill freed up money for a bigger goal?
2 comments
Log in to join the discussion
Log In2 Comments
brianellis8h ago
A buddy of mine from work had a $45 a month gym membership he never used. He finally canceled it last spring and put that money toward his emergency fund instead. After about a year he had a solid $500 saved up just from that one change. He said it felt weird at first but now he just runs outside for free.
3