Hi and thanks for reading.
I have small income of $2356 per month from my new job at a nonprofit. I signed up for PSLF and IBR for my student loans $65,000 due Jan 2021. Approximately $150 a month for my student loan.
I have two credit cards from being disabled, unemployed, homeless, and in grad school for one year. I’m making the minimum payments. I have $400 in my savings account. My discover card is $6970 and I’m paying $75 a month on it. Should I start paying $400 a month on Discover to eliminate it so I can focus on my higher credit card sent to collections with over $9k I’m making payments on that one for $88.15 a month?
I’ve managed to get my rent to $325 a month and I do have other expenses. I made a budget and I have about $1200 remaining for these expenses.
I appreciate your advice. Thanks for reading this!
Submitted October 17, 2020 at 07:16PM by Ka_blam https://ift.tt/2FDD9ZX
