Should I save money more or put more towards debt?
I’m (21) currently In nearly $2,000 in debt and trying to pay off as much as I can. The only other major bill I have are car note, insurance, and contribute about $150 to the household every month since I live with my parents. I’ve been trying to save money by cutting out some bad habits and budgeting more. Most of my debt is from credit card and I’ve been focusing on that to get my credit score back up because I want to refinance my car but I want to get the best offer I can possibly get. However, I do want to have some spending money for myself because I don’t want to keep walking around with no money and would like to spoil myself time to time. Another thing I really want o save up for is a new bed that I’ve been needing for a while. (Had a full size for almost 9 years and ready for a queen) what’s the best approach for me to take without sacrificing more than what I have to?
Posted Jan 15, 2024, 4:09 PM UTC