I am currently using consolidated credit to help pay off my enormous debt (I wouldn't have been able to pay all my minimums), and just landed a new job with a significant raise. Should I keep paying those down at the current rate, and put more in savings? Or should I focus on paying those off, and then savings? I also need to catch up my retirement from years of neglect as well.
I have never been in so much debt
Today the article is really good and about debt
I would focus on paying down debt as much as possible. If you have extra after paying your monthly bills, then direct that towards building an emergency fund.
Im working on this week with my place and new stuff
Saving for an emergency fund
Money issues are endless.
Save for an emergency fund. Then pay off debt. Live frugally for a short time to pay off more of the debt.
Saving for at least one months worth of rent/food/expenses
Family
the pandemic forced me to save money. now that things are opening back up, I am shopping more than I should. Control!! Remember the end game.
Once you get control over your debt, Say if you have a Consolidation agency, than just let it go. No matter how long it takes. Let me tell you though once it it's close it's the best feeling.
Saving for college clinicals
Wrong place for this sort of advice. Consult a financial advisor. Your bank can often be very helpful in this regard, as well.