by Hope
The message I heard from your comments on my post about changing direction to focus on savings was – Not a good idea.
Sounds like staying the course to focus on paying off consumer debt should continue to be priority one. While balancing in some savings. What I’m doing now.
Then pivoting to saving over the student loan debt. Then returning to student loans.
Am I reading the room correctly in this?
Big Rock Priorities
- Pay off the remaining $8,600 in credit card debt
- Pay off the $2,600 personal loan
- Save a solid 6 months of daily living = $36,000
- Pay off student loans
Sit Still
I know that selling my house is not a good financial move. I know that.
And as commentors pointed out, it is definitely a decision driven my emotions. Versus smart and logical reasoning.
So for now, I’m going to sit on that decision for a bit longer. It’s still rolling around in my head. But the extended trip and staying with my daughter for a week during her surgery, definitely gave me a different perspective. And really, it’s not something I have to decide now or put a timeline on.
Even they wonder what I’ll do next.
Having some stability and figuring out why that’s so hard for me is probably a better priority now. I had a good, heart centered talk about just this with my daughter this weekend. Hearing her perspective was eye-opening.
Now I will go forth and devise plans to pay off debt. A plan that is achievable. And not a game. One that can be tracked and measured. That doesn’t rely on me earning extra money from side gigs or selling anything. A real, honest to goodness plan.
Hope is a creative, solutions-focused business manager helping clients grow their business and work more efficiently by leveraging expertise in project management, digital marketing, & tech solutions. She’s recently become an empty nester as her 5 foster/adoptive kids have spread their wings. She lives with her 3 dogs in a small town in NE Georgia and prefers the mountains to the beaches any day. She struggles with the travel bug and is doing her best to help each of her kids as their finish schooling and become independent (but it’s hard!) She has run her own consulting company for almost twenty years! Hope began sharing her journey with the BAD community in the Spring of 2015 and feels like she has finally in a place to really focus on making wise financial decisions.
So, what do you think ?