[veronak]

Ok I start my part-time job tomorrow, I owe about $4650.00 in debt not including the $1300.00 in student loans ;which I have a forbearance for at this time. I live at home and really want to purchase my own home. My credit score is 615, not good . Any way I was thinking either deposit my part-time check into my $20.00 challenge account ; this money I am saving for a new house and live off of what I make now.With my income now I do pay extra on my high interest credit card and plan on moving to the next once it is paid off. Or should I split the money, I was thinking half to my EF, then split the other half between my debt and my $20.00 challenge account, by doing this about $100.00 will be placed in the EF account and $50.00 each to debt and 20.00 challenge account
So let me know what you guys think, I am really gearing towards not touching this fund and just depositing the entire amount with the exception of $5.00 to my IRA account right now I am only contributing $30.00 a month this will increase my contributions to $40.00 monthly...wish I could do more but I figure something is better than nothing