Hello,
I need some advice on how to pay off my debit. My total debit is 60K:
- 34K student loans (6% interest)
- 8.5K car loan (5% interest)
- 17.5k CC (3% intrest until the end of next year)
I have now 16K in saving (pretty much doing nothing) and I would like to use 12K to apply for my debit and leave 5K for emergencies.
My monthly income is 5K and most months I can save ~ $1500 after paying all bills.
I would like to pay off my car loan first to get it out of the way the start on credit cards. Any other advises on how to reduce my debit? my goal is to pay off the CC and car loan by the end of the year after cutting my spending.
Thanks,
I need some advice on how to pay off my debit. My total debit is 60K:
- 34K student loans (6% interest)
- 8.5K car loan (5% interest)
- 17.5k CC (3% intrest until the end of next year)
I have now 16K in saving (pretty much doing nothing) and I would like to use 12K to apply for my debit and leave 5K for emergencies.
My monthly income is 5K and most months I can save ~ $1500 after paying all bills.
I would like to pay off my car loan first to get it out of the way the start on credit cards. Any other advises on how to reduce my debit? my goal is to pay off the CC and car loan by the end of the year after cutting my spending.
Thanks,
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