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Reply to "How to get out of debt!"
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[quote=Anonymous]OP, can you add some more information because I am making some assumptions: You said earlier that you were sending $2500 annually towards a 401K. How much do you have saved for retirement? Is your employer giving you a match? Do you have any expectation of a pension through your employer (or a former one)? Do you have any cash savings at all? Any emergency fund? How much will you expect to earn once you have finished school? And how long do you expect to work before retirement? Do you carry any disability insurance through your work or privately? If you were sick or disabled, how long could you continue to pay the rent and food before you were evicted with no paycheck coming in? [/quote]
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