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Originally Posted by emnah94
FINALLY, my only debt will be $4630 of CC debt at 9.9% and $12,500 in student loans at 5%. My emergency savings is tiny at $900, but continuing to grow (will have $1500 at end of next month). I contribute a measly amount to my 401k (2%) since there is no employer match
I want to be able to buy a home in my early 30s and just generally be financially healthy.
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First, "Finally" concerns me. How high have they been, and are you sure you won't rack it up again? You OWE $17K. Even at 5%, that has to be a priority.
You ARE contributing to your retirement, and you have time to accumulate retirement. There is no matching fund to be lost, and you are probably in a low tax bracket where it won't make much difference at this point.
IMHO, if you are going to be financially healthy, you have to get the debt down.
Calculate how much you will LOSE paying interest as it accrues. How much total LOSS will you have. Balance that against any GAIN you may have by investing, etc.