Reply to What to do first? Debt vs Savings/Retirement

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Look into YNAB or Mint.  I haven't used them myself, so maybe others can chime in, but I think you'll find them helpful. And definately check out Dave Ramsey.  You can download his podcasts.  Very motivating.  [/quote]

Ok, I have Mint already but I realize I need to refine my budget and add other things that aren't fixed daily living expenses.  I like some of Dave's stuff but some of his views on housing are hard to adhere to here in the DC area. It's very expensive here. [/quote]

I think you can apply his principles without adhering to exactly everything he says.  In this area, most people would have a hard time with his exact recommendations of 15 year mortgage and 25% of take home pay.   You can still follow his advice if you have a 30 year mortgage and a slightly higher payment.  Don't throw the baby out with the bathwater.  Follow his steps and use the debt snowball and get "gazelle-intense", and you'll be in fine shape even if your housing is off from his advice.  Follow the spirit of the law, if not the exact letter of the law. [/quote]

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