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Freeing up some cash

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  • Freeing up some cash

    Good Morning All,
    I have a problem, i am currently a uni student, have quite a bit of debt but the usual debt such as a car loan, phone bills, insurance. I live at home and pay my parents around 200 a month for bills.

    Now the car i have cost me $25,000, i loan payments are down to $11,000 in 2 years. Currently i am doing a paid course that entitles me to $1000 a fortnight in cash, this ends at the end of this year and i have to fend for myself for 2 years. Now i was thinking about selling my car and buy a cheap car that will give me cheap insurance.

    Is it worth even selling my car?
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