I'm finally beginning to take financial health seriously. I'm 28. Yes, I know. I'm an idiot.
Anyways, I have a $250k mortgage at 3.75%, 60k student loans at ~5.8% ($20k at 6.55%, $20k at 5.1%), and am only starting to research Roth IRA accounts/high-yield rainy day savings accounts, etc.
My question is: where/how should I be concentrating my savings? Specifically, and as the title suggests where my thinking is, should I be paying off the debt exclusively? Should I be paying the debt and contributing to the IRA (even if I can't max out the $5,500)? Any guidance would be great. Thanks.
Submitted December 29, 2017 at 12:19PM by jonnykappahala http://ift.tt/2q0gajp
