Join the Meeting Place for Moms!
Talk to other moms, share advice, and have fun!

(minimum 6 characters)

3 Bumps

What would you do first?

pay off credit cards, pay off the student loan, or put money aside for a new car?
I would go with the third one

 
Anonymous

Asked by Anonymous at 6:56 AM on Apr. 15, 2013 in Money & Work

This question is closed.
Answers (16)
  • I would pay off the credit cards first, then put money aside for a good used car, then start paying off the student loans.
    slw123

    Answer by slw123 at 7:21 AM on Apr. 15, 2013

  • Look at interest rates and see where I was paying the most.
    missanc

    Answer by missanc at 6:58 AM on Apr. 15, 2013

  • i would pay off any dept 1st.. i have a car might not be new or look nice but it still gets me where im going.
    chrstny88

    Answer by chrstny88 at 7:44 AM on Apr. 15, 2013

  • Depends how badly you need a the car..........should have reliable transportation. But debt and loans comes first if the car is OK.
    silverthreads

    Answer by silverthreads at 7:49 AM on Apr. 15, 2013

  • If I had a decent car I would pay off my debts first, whichever has a higher interest rate
    funlovinlady

    Answer by funlovinlady at 7:56 AM on Apr. 15, 2013

  • Credit cards first, then shared between student loans and car fund.
    SWasson

    Answer by SWasson at 8:08 AM on Apr. 15, 2013

  • Credit cards first.
    DJDNY

    Answer by DJDNY at 8:10 AM on Apr. 15, 2013

  • kity-bity

    Answer by kity-bity at 8:28 AM on Apr. 15, 2013

  • I would do it the Dave Ramsay way and start paying off the smallest bills and continue until I was debt free. Then I would save money to buy a car outright if I could wait that long.
    QuinnMae

    Answer by QuinnMae at 9:14 AM on Apr. 15, 2013

  • If you pay off the credit cards, then save the money you were paying towards them for a new car.
    jerseydiva

    Answer by jerseydiva at 9:32 AM on Apr. 15, 2013

Next question in Money & Work
Tax Refund

Next question overall (Trying to Conceive)
TTC

close Cafemom Join now to connect to other members! Connect with Facebook or Sign Up Using Email

Already Joined? LOG IN