[USER]

How would you go about this scenario Regarding the following debt?
$4,000 in student loans
$4,600 on one credit card
$2,000 on another credit card
$8,000 in savings
Monthly pay is $3,600

I can sent aside $500-$800 to pay this off slowly
Im 1099 and have taxes due this Saturday so ill see what I owe and have Left

Whatever is left I’ll pay off card that’s $2,000?

The try doing 2 payments to off the $4,000
I can manage paying off $1000 a month for the student loans later on in the year

[Brian]

I disagree with using 100% of savings to be debt free.
Can give a better opinion after you find out what’s left from taxes owed.

[Allison]

If you can set aside $500-800/mo I’d pay your taxes then throw whatever is leftover albeit $1,000 to keep at the two credit cards.

I’d be hustling hard, extra work, etc to get the rest cleared up including student loans.

I doordashed for funsies last year and brought in $8,000.

Imagine how much a little effort now can change the trajectory of your future by not only paying off this debt but hustling some extra to build up savings and an emergency fund and get investments started

[Mark]

U have 10,600 in debt and 8k in savings. Looks like u only have 2600 of debt to pay off

[Jenn]

Pay off the highest interest rate first. Make minimum payments on the rest.

[Author]

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