Hi all,
This is my first time posting here and I’ve got an issue I’ve been sitting on for awhile and figured I’d ask for advice.
I’m a 22 year old college student finishing up my junior year of college. I went the smart route and did 2 yrs at a county school and then transferred over to a low cost university. I’ll probably end up graduating with around 40k in debt which doesn’t sound terrible to me.
I honestly don’t make much at all where I am now (around 10 an hour),but it’s hard to find a job willing to accommodate a full time student commuting schedule wise. I am actively looking for jobs but it’s definitely hard to find a major-specific job that doesn’t require full time hours.
That being said, basically right now I have about 2500 dollars in my savings account, and about 850-900 left on my one credit card. I want to add money into my savings each paycheck and grow it but it’s been hard with my credit card payments each month as I’ve been making 50-100 dollar payments.
Would it be smart of me to just pay off my credit card with my savings, and then using the money I would be putting on my credit card bill, I can put that back into my savings?
The interest isn’t too insane, but it does add up and I feel like I’ve been stuck in a never ending cycle of paying then being forced to use it and so I feel the amount just isn’t going down.
Any advice in general would be greatly appreciated.
Submitted September 17, 2018 at 11:26AM by beegrl https://ift.tt/2OupPGp
