What to pay first...
Find a Conversation
What to pay first...
| Thu, 12-10-2009 - 1:06am |
OK..I have been paying off my old job for the last year. That is 650.00 a month that has been budgeted to them. I will be done with them tomorrow when I make the last payment of 500.00.
That leaves 650.00 a month going into the bill pay pot but not sure what to pay on next.
I need to pay my BIL 400.00 for a hitch. I had though dh had paid it but he didn't. So that is a must..
My choices are: Truck and home equity loan. Those are my two biggest bills right now. My credit cards are just about paid off. After the truck and HELOC there is the mortgage.
Truck is higher interest rate right now.

If the credit cards are just about paid off, I'd go ahead and snowball this $amount and get them out of the way once and for all.
Ditto!
Norma
"Patience is the best remedy for every trouble"- Plautus
I agree with the others.
Get BIL paid off (don't want to risk causing family tension) and then wipe out the CC's. You will feel so good knowing they are gonzo.
Then move on to the truck. If its higher interest (and likely a smaller amount) it makes sense.
Good luck to you!
Bex -
"Yesterday is history, tomorrow is a mystery, today is a gift -thats why its called the present."
Bex -