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Reply to "Make $200k, credit card debt, no savings "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here. I’ll look at my expense breakdown when I get home today. $12k in credit card debt, 90k in student loans, $2000 401k loan, 12k federal taxes. I currently pay $300 a month to the IRS. Rent is $2500. [/quote] I think I just don’t know what to tackle first. My thoughts- 1. Get a handle on spending - obviously- eat out less, stop shopping 2. Save maybe 2k for emergencies 3. Debt- how to pay this off? What do I pay more on? [/quote] Not eat out less. Don't eat out AT ALL until you understand how much money you are truly spending a month. What is the credit card debt for? You owe 12K in taxes? Adjust your w2. What do you make monthly after taxes?[/quote]
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