Wednesday, June 21, 2006

"Blessings"...??!

Anne and I have been determined to eliminate our debt and increase our savings.

Last month, we decided to pay off the remaining balance on a car loan we had. Some people thought we were crazy, since the interest rate was pretty low. They suggested we invest the money instead where it could earn a higher rate of return than the interest rate on the car, yadda yadda yadda.

The fact of the matter is, we'd rather have the car paid off. So, we wrote the check and mailed it off. We talked about the blessings that can come from getting out of debt.

Then yesterday a letter arrived from the bank. "We received your check, your loan is closed." Yay! "Enclosed your vehicle's title certificate. Take this to DMV to have the lien removed from your vehicle's title."

Whoa, whoah... DMV? We follow the counsel of our church leaders, and as a result, I have to go to DMV?!? That's punishment, not a blessing!

Maybe the investment wouldn't have been such a bad idea after all.

2 Comments:

At June 21, 2006 12:15 PM, Blogger Sariah said...

LOL... I hate going there.

I love that we have a drive through window for some of the transactions we have to do there... like renewing the registration.

We also have DOL (ours is Dept. of Licensing here) in places like Albertsons and some pharmacies. The line is non-existant there. So I almost always go there instead. You have to pay an extra $4 fee I think, but it's totally worth it to have no wait!

 
At June 22, 2006 10:23 AM, Blogger Eddie said...

The grocery store? Now that would be convenient. $4 is a bargain! Loaf of bread, a dozen eggs, a gallon of milk, and a vehicle registration. Not bad.

Fortuantely we can renew licenses and what not online, which makes it relatively painless.

 

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