Josh and I are disagreeing about the best thing to do financially right now. We have about $6000 in credit line debt. We also have about $6000 from our wedding gift money.
Option 1 would be to put all our wedding money onto the debt which will basically pay it off, and then start saving for a house while debt free.
Option 2 would be to put $2500 onto the debt, and then start a house saving account with the remaining $3500. Then pay into both things for the next year.
Which is better?
Option 1 would be to put all our wedding money onto the debt which will basically pay it off, and then start saving for a house while debt free.
Option 2 would be to put $2500 onto the debt, and then start a house saving account with the remaining $3500. Then pay into both things for the next year.
Which is better?