1. Pay off 1125 credit card. (each month pay $509 for 4 months)
- Reminder: call credit card company to see when 0% APR will end and see if I need to re-adjust payment goal
2. After credit card is paid off, start aiming to put away $6k in savings acct.
- To achieve $6k in a year, I must put away $500/mo ($250 per paycheck).
- Note that it might take longer than a year because I also want to travel as well and will not sacrifice living my life for financial security.
- Pretend I still owe 1125 credit card
3. Simultaneously, work to pay off the unsubsidized stafford loan currently at $1,512
- Wait for 2012 tax return and see if I owe the gov't money & use stock money
LONG TERM STEPS:
1. Break down paying off last part of Acct 6 (currently at $4,717) into 3 parts so it is approximately $1,572.
- Use the difference of $180 that was used to pay the now-completed loans to continue for the minimum payment
- At the same time, aim to save $1,500 on the side.
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