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Marshellohello OP t1_j6o9cik wrote

Reply to comment by mrdonaldglover in Keep saving or pay off some debt? by Marshellohello

Loc has been on a rise lately it’s a 11% was at 8% this last summer :/

Saving is decent I try and save about 1000-1200 a month if I can ( I recently sold my truck that I was making payments on) I have a goal to have savings at about 15000 come July/august

Most of baby items have been bought witch before it cause saving to be slower witch is fine and expected

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mrdonaldglover t1_j6o9y3o wrote

It’s gunna feel uncomfortable but just pay off both.

If your LOC was at or below 5% I’d say you could honestly pay just a fraction to speed it up.

But that 11% is gunna kill you long run.

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Marshellohello OP t1_j6oat3p wrote

Yeah it really sucks that the interests rates have been on a rise here.. would be nice get it over with, but then on the other hand I might just wait a couple months? See how it is with my wife being on half her wage?

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mrdonaldglover t1_j6ofckp wrote

Aslong as you get rid of the CC debt asap.

You really shouldn’t be saving so much until you are debt free. Maybe check the prime directive for more help.

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Marshellohello OP t1_j6ofo1a wrote

Okay thanks for the advice, I could pay off my CC today then start splitting my saving payment do 500 to savings 500 to loc

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