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Droopy (1000+ posts) Send PM | Profile | Ignore | Wed Jan-02-08 12:26 PM Original message |
Pay off debt or invest? |
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AlCzervik (1000+ posts) Send PM | Profile | Ignore | Wed Jan-02-08 12:30 PM Response to Original message |
1. i would pay off the credit card and the the student loan. |
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Common Sense Party (1000+ posts) Send PM | Profile | Ignore | Wed Jan-02-08 12:38 PM Response to Reply #1 |
6. Agreed. |
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Droopy (1000+ posts) Send PM | Profile | Ignore | Wed Jan-02-08 12:39 PM Response to Reply #1 |
7. I hadn't thought about the tax deduction for the mortgage |
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Common Sense Party (1000+ posts) Send PM | Profile | Ignore | Wed Jan-02-08 12:46 PM Response to Reply #7 |
9. I answer that below... |
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AlCzervik (1000+ posts) Send PM | Profile | Ignore | Wed Jan-02-08 01:00 PM Response to Reply #7 |
13. yes to your first sentence. |
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Bunny (1000+ posts) Send PM | Profile | Ignore | Wed Jan-02-08 12:31 PM Response to Original message |
2. Pay off debt. |
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auntAgonist (1000+ posts) Send PM | Profile | Ignore | Wed Jan-02-08 12:31 PM Response to Original message |
3. my uneducated opinion is to pay off cc debt first |
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SteppingRazor (1000+ posts) Send PM | Profile | Ignore | Wed Jan-02-08 12:34 PM Response to Original message |
4. get out of debt. The amount you pay in interest will almost certainly eat up anything you earn. n/t |
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LeftyMom (1000+ posts) Send PM | Profile | Ignore | Wed Jan-02-08 12:36 PM Response to Original message |
5. I would say you're more stable with less debt. |
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Common Sense Party (1000+ posts) Send PM | Profile | Ignore | Wed Jan-02-08 12:45 PM Response to Original message |
8. Your credit card debt will not remain at 5%. |
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Droopy (1000+ posts) Send PM | Profile | Ignore | Wed Jan-02-08 12:48 PM Response to Reply #8 |
11. I'm 35 |
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Common Sense Party (1000+ posts) Send PM | Profile | Ignore | Wed Jan-02-08 01:11 PM Response to Reply #11 |
16. I'd still pay it off. |
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NewJeffCT (1000+ posts) Send PM | Profile | Ignore | Wed Jan-02-08 03:13 PM Response to Reply #16 |
25. You got that right - |
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BOSSHOG (1000+ posts) Send PM | Profile | Ignore | Wed Jan-02-08 03:10 PM Response to Reply #11 |
24. You are 35 |
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swag (1000+ posts) Send PM | Profile | Ignore | Wed Jan-02-08 12:52 PM Response to Reply #8 |
12. Good advice. |
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Deja Q (1000+ posts) Send PM | Profile | Ignore | Wed Jan-02-08 12:47 PM Response to Original message |
10. Debt. |
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Momgonepostal (1000+ posts) Send PM | Profile | Ignore | Wed Jan-02-08 01:03 PM Response to Original message |
14. I don't know what you're making, so this may be bad advice... |
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Lance_Boyle (1000+ posts) Send PM | Profile | Ignore | Wed Jan-02-08 01:06 PM Response to Original message |
15. Invest near the bottom of the recession, |
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Wcross (1000+ posts) Send PM | Profile | Ignore | Wed Jan-02-08 01:14 PM Response to Original message |
17. I vote for FREEDOM. Pay off your debts, stay out of debt & then save. n/t |
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RebelOne (1000+ posts) Send PM | Profile | Ignore | Wed Jan-02-08 02:02 PM Response to Original message |
18. I'm sure that if you asked Clark Howard, the consumer guru, |
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Droopy (1000+ posts) Send PM | Profile | Ignore | Wed Jan-02-08 02:07 PM Response to Reply #18 |
19. Clark is a good man. I used to listen to him frequently. |
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Rabrrrrrr (1000+ posts) Send PM | Profile | Ignore | Wed Jan-02-08 02:48 PM Response to Original message |
20. Always pay off debt first. |
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SeattleGirl (1000+ posts) Send PM | Profile | Ignore | Wed Jan-02-08 02:51 PM Response to Original message |
21. Definitely pay off the debt first. |
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gmoney (1000+ posts) Send PM | Profile | Ignore | Wed Jan-02-08 03:01 PM Response to Original message |
22. getting in to the market now is almost certainly "buying high" |
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BOSSHOG (1000+ posts) Send PM | Profile | Ignore | Wed Jan-02-08 03:08 PM Response to Original message |
23. Open the Roth IRA ASAP. |
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