I know it's suggested to keep 3-6 months of income equivalent liquid cash in your emergency fund, but I keep getting the urge to rid myself of this stupid car loan. The payment was originally $270/mo, but because I keep paying $300-$350/mo on the loan, the minimum payment has continuously dropped.
Unfortunately, my hours at work have been reduced drastically. I may need to find a second job to make ends meet. This means I can't pay $300+ on my loan starting next month.
Should I pay off this loan or keep the money saved for emergencies only?
Submitted March 13, 2018 at 08:47AM by Starved-Nutritionist http://ift.tt/2FQofO0
