note that is $553 per month at 6.74%, so there’s no need to refinance. After the car is paid for, he can add that $553 to his savings and investments.
Winner No. 37 Robert Jones
Financial Snapshot:
| HOUSEHOLD INCOME | |
| Gross Income | $51,360 |
| ASSETS | |
| Savings | $8,400 |
| Pension | 6,000 |
| 457 Retirement Plan | 3,300 |
| Stocks | 2,000 |
| Checking | 1,500 |
| EE Bonds | 950 |
| Total | $22,150 |
| LIABILITIES | |
| Auto Loan | $13,000 |
| Student Loan | 900 |
| Credit Cards | 1,500 |
| Total | $15,400 |
| Net Worth | $6,750 |