Hello All,
Been a very long time since I posted in these forums. Learned a lot a few years ago but made a couple choices that have put me in a minor predicament.
Long story short, I had to move out of a house I shared with my brothers (necessary for custody) and my rent skyrocketed from $350 a month to $1100 a month. Luckily, my salary is enough to cover that, however, shortly thereafter my car (which was paid off) blew a hole in the engine block and became useless. I made an impulse buy on a car I really liked, but added another $450 a month to my budget.
As it is now, I have room to save about $450 a month but am paycheck to paycheck everywhere else. I'd like to move into a less expensive car and am wondering two things.
1. What options do I have in moving to a less expensive car?
2. Has anyone done this and regret doing so?
Additionally, my 2015 resolution is to remove all my CC debt, I've done good but did it without a plan. I'm wondering what the best method is in paying off cards? Is it smarter to tackle the one with the highest minimum first? Highest APR? Lowest balance? I've listed my cards in order of minimum payment / due date and am able to see where I can make excess payments although I am unsure of which one to work on first.
Thanks for the help!
Been a very long time since I posted in these forums. Learned a lot a few years ago but made a couple choices that have put me in a minor predicament.
Long story short, I had to move out of a house I shared with my brothers (necessary for custody) and my rent skyrocketed from $350 a month to $1100 a month. Luckily, my salary is enough to cover that, however, shortly thereafter my car (which was paid off) blew a hole in the engine block and became useless. I made an impulse buy on a car I really liked, but added another $450 a month to my budget.
As it is now, I have room to save about $450 a month but am paycheck to paycheck everywhere else. I'd like to move into a less expensive car and am wondering two things.
1. What options do I have in moving to a less expensive car?
2. Has anyone done this and regret doing so?
Additionally, my 2015 resolution is to remove all my CC debt, I've done good but did it without a plan. I'm wondering what the best method is in paying off cards? Is it smarter to tackle the one with the highest minimum first? Highest APR? Lowest balance? I've listed my cards in order of minimum payment / due date and am able to see where I can make excess payments although I am unsure of which one to work on first.
Thanks for the help!
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