Type something and hit enter

ads here
On
advertise here

My salary doubled last year and, at that time, I decided I was going to be responsible and use the excess to start paying more on my student loans. It's not out of control, but I've realized I've let lifestyle creep (am I using the right term?) derail this plan a bit. There are really only two large expenses I convinced myself that I had earned, but I've decided I need to cut. The first is I rent an expensive (for our area) place. I'm currently paying $1200/month. I've decided I'm going to buy a place and keep it under $95k (I'm in the Midwest, so cheaper housing is possible). This should save me about $500/month and will hopefully end up being an investment. The second, and more problematic and stupid, is a luxury SUV. Now, don't get me wrong, I LOVE my car. It has all the bells and whistles, makes me feel successful (I know, stupid), and also safer on Ohio winter roads, but it's a lease and the payments are $413/month. It's definitely my biggest splurge and was not a good decision when I have a lot of student loan debt. I'm only 4 months into a 36 month lease. Has anybody had success breaking a lease for a cheaper car? How did you do it? Was it expensive? If it's relevant, it's an Infiniti (and her name is Quinn).

And before you beat me up too much for splurging, I'm paying all of my bills, have a savings and 401(k); I'm just looking for ways to reduce my expenses so I can pay more towards my giant student loans :)

TLDR - I convinced myself I "earned" a fancy car, but I should be putting that money towards extra student loan payments. Is it possible to break a car lease that still has ~32 months?



Submitted February 07, 2018 at 08:30AM by Vickipoo http://ift.tt/2ENxwU7

Click to comment