Maeglin (maeglin73) wrote,
Maeglin
maeglin73

  • Mood:

Finances again... finances and dreams :-)

I received something from the state yesterday that I wasn't expecting. An income tax refund check for a dollar.

One little dollar. One wonders how they justified the paper and postage for that.

I wasn't expecting to get anything back from the state, actually. What I didn't put toward this year's taxes, I sprinkled among a few of the charities that were listed in the tax return. Unless one of them disappeared for some reason, the only reason I can think of why I would get anything is a rounding error in my favor.

-------

One thing that's a bit dangerous for someone who's paying off debt is to be looking into getting a new car, but that was me toward the end of the week. I was sitting there looking at the '08 Escape Hybrids and what I could get for mine right now. I was going to wait until a year after what I have was paid off before trading it in, but there are a few features in the thing that I wish I had now.

Fortunately, if I traded in now I likely wouldn't have to roll over anything from the current loan. The blue book value of what I have now minus the current payoff amount give me a couple thousand (I was told by the dealer that I was driving off the lot with positive equity, and I'm starting to see that now), and with a couple more as a down payment I could have a monthly comparable to what I'm paying now with a car that's 3 years newer.

As it stands, though, I should have my CC balance paid off by next summer, so if I wait until the latter part of next year I'll have the opportunity to drive that equity up even more. That is, if I wait I could end up with no down payment, an equal or even lesser monthly payment, and a car that's one year newer than what I could get now.

Yeah, I think I'll wait :-)
Subscribe
  • Post a new comment

    Error

    default userpic

    Your reply will be screened

    Your IP address will be recorded 

    When you submit the form an invisible reCAPTCHA check will be performed.
    You must follow the Privacy Policy and Google Terms of use.
  • 4 comments