Our only non-mortgage debt is my car at 0%. The balance was $5000 at the beginning of the year and now stands at $4200. It is my goal to pay it off in full this year but I've had a very slow start financially. I did not make a car payment in March due to having decreased income coming off of maternity leave. We are paid up for several months in advance but I feel like we're going backwards by not paying at all.
We do have a new car fund which stands at just over $3300. I don't want to drain it to pay off my car but Y and I decided that we would not have more than one car payment. This means that if he had to get a new vehicle, we would have to pay off my car then. Basically, I want to pay off my car and keep the money in savings for a new vehicle. I guess you can't have your cake and eat it, too.