Stay the Course – Pay Off Debt First
The message I heard from your comments on my post about changing direction to focus on savings was – Not a good idea.
Sounds like staying the course to focus on paying off consumer debt should continue to be priority one. While balancing in some savings. What I’m doing now.
Then pivoting to saving over the student loan debt. Then returning to student loans.
Am I reading the room correctly in this?
Big Rock Priorities
- Pay off the remaining $8,600 in credit card debt
- Pay off the $2,600 personal loan
- Save a solid 6 months of daily living = $36,000
- Pay off student loans
Sit Still
I know that selling my house is not a good financial move. I know that.
And as commentors pointed out, it is definitely a decision driven my emotions. Versus smart and logical reasoning.
So for now, I’m going to sit on that decision for a bit longer. It’s still rolling around in my head. But the extended trip and staying with my daughter for a week during her surgery, definitely gave me a different perspective. And really, it’s not something I have to decide now or put a timeline on.
Even they wonder what I’ll do next.
Having some stability and figuring out why that’s so hard for me is probably a better priority now. I had a good, heart centered talk about just this with my daughter this weekend. Hearing her perspective was eye-opening.
Now I will go forth and devise plans to pay off debt. A plan that is achievable. And not a game. One that can be tracked and measured. That doesn’t rely on me earning extra money from side gigs or selling anything. A real, honest to goodness plan.
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