It feels good driving around with your car and being able to go wherever you want. But you know what feels better? It's paying off your car loan. Only then would you really be happy behind the wheel, knowing that it's yours for real.
So even if it's still early to pay it off, as long as you have the money available, don't hesitate to say goodbye to this debt. Paying off earlier will take a helpful cut on the interest rate, and that itself is an advantage.
By then, you won't be feeling guilty spending your money on other things because you have gotten rid of one responsibility anyway. And you will also be able to start saving some money in your bank. You may decide it's time for a new baby, or that it is time to renovate the kitchen, maybe?
Whatever your plans are, it can all start with freeing yourself from car loan obligations.
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