Had to get a new car a few months ago because my car was claimed a total loss. I used the insurance money to pay off 2/3 of the new car. Believe me, i wanted an used car that was equivalent to my old car, but the car market has not been friendly here.
I have 10k left on my car payment but i have not contributed 6k to my roth ira yet either. My car loan is only a 1.5% interest rate. But the market hasnt been all that great. Do i pay the car off or contribute to my ira?
Thanks!
Submitted March 06, 2022 at 12:52AM by imlostquestion https://ift.tt/IXlOxaN
