My current income is between $3,500 and $3,600 a month after taxes.
I currently need to spend ~$1,600 on bills a month. This amount includes $300 a month on 'entertainment," such as going out with friends.
With the extra $1,900, what should I do with it? I currently have a few hundred in a savings account but also have $4,500 in credit card debt (17% interest rate), student loans which are not accruing interest while in deferment, and a car loan of less than $10k and a lower interest rate.
How much should I put in savings versus toward the debt each month?
Submitted December 24, 2018 at 04:12AM by sacto_verita http://bit.ly/2LCbJT2