Knock out your CC debt first for sure. As others have said, there’s really no question that is what you NEED to do. CC debt is like borrowing from a loan shark. 20+% interest really is no joke.
You’re still young and have plenty of time to contribute to all those other tax benefit accounts (Roth/HSA). Just keep a rainy day fund and put the rest into paying off the debt.
SuitableTurn t1_j6n58ar wrote
Reply to Keep money in savings or kill all CC debt? by coconut_icedcoffee
Knock out your CC debt first for sure. As others have said, there’s really no question that is what you NEED to do. CC debt is like borrowing from a loan shark. 20+% interest really is no joke.
You’re still young and have plenty of time to contribute to all those other tax benefit accounts (Roth/HSA). Just keep a rainy day fund and put the rest into paying off the debt.