Almost debt free!!!! $1000

Konrad

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Haven't been online in a long while but I'm excited to report that I'm both almost debt free as well as a pink slip holder of my 2014 NC700 DCT. Loving the bike and excited to have paid it off in only 8 months of 100% financed.

Woo hoo!!!!! :) Might have to celebrate with a farkle or two since I only have a tall windshield so far and a Ram mount for my phone.
 

Agent

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That's fantastic! I was sad to see how much I still owe after paying for so long.
 

SergeantChuck

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It is a good feeling. I normally trade them before they are paid off but this one is paid off. Trying to convince the wife into having another payment. LOL
 

itlives

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If you're talking debt free as far as the bike goes, that's good.
If you're talking DEBT FREE, that's great!

Either way, congrats!
 

Konrad

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If you're talking debt free as far as the bike goes, that's good.
If you're talking DEBT FREE, that's great!

Either way, congrats!
Totally Debt Free after July 16th. I tackled $7000 in credit card debt. I tackled a few thousand on my Honda S2000 before selling it. And paid off the $9600 I spent total on a brand new NC all in one year. My girlfriend also tackled a few thousand on her car to pay it off and a few thousand in credit cards as well. We'll both be debt free and saving as fast as possible for a Home. We want a decent size down payment before pulling the trigger.
 

anglachel

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Totally Debt Free after July 16th. I tackled $7000 in credit card debt. I tackled a few thousand on my Honda S2000 before selling it. And paid off the $9600 I spent total on a brand new NC all in one year. My girlfriend also tackled a few thousand on her car to pay it off and a few thousand in credit cards as well. We'll both be debt free and saving as fast as possible for a Home. We want a decent size down payment before pulling the trigger.
Nothing says "DEBT FREE" like saving up so you can take on one of the largest loans in your life ;)

I'm in the middle of refinancing the house, took us 2 hours in sitting with the lady at the bank so far, probably another hour tonight. We'll be saving something like $60k by doing it, told my wife we are making $10k an hour for signing paper work... (payout starts in ~2030 and is spread over ~10 years)
 

johnakay

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it is nice not to owe out.congrats.

not had any debt for donkey years.
but at 64 nearly I shouldn't have any.
everything we have house,bike,car is all paid for.
 

L.B.S.

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My NCX loan is my one and only debt, so I don't begrudge it. I am indeed paying a hideous amount more than the bike is worth of course, due to interest and the addition of the un-paid for portion of my BMW that I traded in for the Honda, but having no other bills beside rent and generic living expenses, meh, no overt hand wringing from me.

I get 275.00/month worth of enjoyment and soothing mental therapy out of my bike, so it's all good. ;)
 

Del Mar

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I decided to buy my 750X with Honda finance with monthly payments because it was an interest free deal at the time. Allowing for my part ex and small deposit, I borrowed around £4200, which is exactly the amount I will have paid back at the end of the term. Why take money out of savings that is earning interest when an offer like that is available? It was a no-brainer.

And we are now mortgage free (is that what you call it in N America?) and our house is our own from last month.
 

johnakay

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Why take money out of savings that is earning interest

what interest
 
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