I'm 23 years old, I'm trying to gain structure in my finically life. I'm learning the younger you start investing, the better chance to the road of success you will have. My debt adds up to around 13,000 dollars. This is just credit cards, medical bills, a small loan from a relative. My debts and interest rates are as the following: 6000 credit card with no interest untill April of 08. 2200 medical no interest at all making $50 month payment. 2400 to a apartment complex for moving out early, no interest making 100 payment a month. 2200 to a relative who says to take care of other debt then I can repay them. I'm paying the minium on everything except my credit card with 6000balance. I pay the most I can each month to it. How should I go about paying these debts off? Also, i'm curious to what the best way to start investing are with minimal amount to invest? My job offers 401k and match but I don't know what percent. Should I start with roth ira or what method? Thanks again
2007-08-23
04:02:06
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14 answers
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asked by
jt6341
3
in
Personal Finance