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Reply #56: maybe it is the delivery... [View All]

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PeterPuck Donating Member (65 posts) Send PM | Profile | Ignore Tue Mar-20-07 10:39 AM
Response to Reply #55
56. maybe it is the delivery...
Edited on Tue Mar-20-07 10:43 AM by PeterPuck
Maybe if you were a little better at explaining "the right thing" it might work.

Student loans/car loans/mortgages are all usually lower interest rates. There is nothing wrong with carrying that debt. They should be the last to pay off.

The point is, don't pay them off until you pay off your higher interest rate credit cards... even if they are huge balances and it will take years.

With advice like that... I am glad you are not a doctor.
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