Would you work two full time jobs and pay off the car as quickly as possible or go to school part time and work one job and pay off the car one payment at a time? I'm in decision mode right now.
2006-11-27 10:31:07 · 10 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
Sell the car, go to school, get a better job, buy a better car OR work two crappy jobs to pay off a car and then.......have a car which is worth half what it was when you bought it - GO TO SCHOOL - all statistics show that you will be better off with an education than a car !!!!
2006-11-27 19:48:24 · answer #1 · answered by expat 2 · 0⤊ 0⤋
How long will it take you to pay off this car IF you work two jobs and no school ??
Does it compare to the one job and school ? Getting an education is an investment in YOUR future. Can't you do both and cut back on something else to get that car paid off and still go to school ?
Next time buy a MUCH less expensive car and sock the money away on things that will MAKE you money rather than a car that costs you more money every month with higher insurance and upkeep.
2006-11-27 10:59:42 · answer #2 · answered by Kitty 6 · 0⤊ 0⤋
Depends on your circumstances in life and what the proposed major is going to be. Will you get a huge pay bump once you have a degree? If so school is your answer. If school isn't going to get you that much farther ahead financially then work the two jobs and pay off the car. Good luck!
2006-11-27 12:56:33 · answer #3 · answered by AirDevil 4 · 0⤊ 0⤋
i would go to school first because once I finish with school, then I would be able to pay off all the loans because by the time I graduate, hopefully I will find a better job to make more payments.
2006-11-27 10:58:31 · answer #4 · answered by Anonymous · 0⤊ 0⤋
If you are going to school to get a skill that you can use to make money, then do it. Otherwise pay off the car.
2006-11-27 15:00:22 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Go to school. The interest portion of your car loan was paid in the first 12 to 18 months of the loan so paying it off won't save you anything.
Go to school and get the career you want started quicker.
2006-11-27 11:04:48 · answer #6 · answered by waggy_33 6 · 0⤊ 0⤋
Partly it depends on your interest rate for the car loan. If it's super high and the interest is eating a big hole in your future, pay it off. But in most circumstances I would say go to school.
2006-11-27 11:04:26 · answer #7 · answered by braennvin2 5 · 0⤊ 0⤋
Pay off the car first. You're going to have to spend a lot of money while you're in school, and wouldn't it be nice to have one less thing to worry about while you're studying?
2006-11-27 11:01:25 · answer #8 · answered by mikah_smiles 7 · 0⤊ 0⤋
Forget the car! Are you kidding?? Go to school. Don't listen to anyone that says otherwise. I promise this will seem like a silly question in a few years.
2006-11-27 14:39:41 · answer #9 · answered by Anonymous · 0⤊ 0⤋
No ....pupil training loans are for college no longer automobile loans.GEEEZ What if anybody theory that way. Get a job to help pay the automobile mortgage and stay at college even no rely if it particularly is barely area time
2016-10-04 10:49:53 · answer #10 · answered by ? 4 · 0⤊ 0⤋