I have now almost $7800 in debt and most amount was due to unavoidable and very important circumstances. At a more positive side I have saved $1220 as emergency fund and more money is still coming (such as $250 from deposit return and 2019 tax return) . I am in a new work and the money amount is still not decided. My house rent is approximately $500 and my grocery and other utility bill can cost highest $150-$200 per month. I have been paying all of my credit card's(3) regular payment ( for next month also). What should be a good strategy for me now to manage my money and lower my debt? Any helpful advise would be highly helpful. I hope to get out of the debt completely in 5-6 months and increase my savings. I am trying to use Debt Snowball method to eliminate the debt. That's my goal. Thanks in advance.
posted
December 28, 2019
11:39 AM
last updated
December 28, 2019
11:41 AM