Quote:
Originally Posted by creditcardfree
If it were me:
Pay off credit card
Increase savings...3 mos of expenses
Pay off car loan
Up 401K to 10%
Pay off 2nd mortgage
Pay off Student Loans
Increase savings...6 mos of expenses
Up 401K to 15%
I would do them one at a time in that order. Keep paying minimums on all debt of course. I chose to pay off 2nd mortgage before student loans because of the interest rate and the fact that student loan interest can offset income for tax purposes.
Make a plan and work it. Good luck
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A decent outline...
why SL after 2nd mortgage?
I would reverse the two...