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Personal Finances / Credit Cards and Consumer Debt


Subject:  Re: Balancing debt vs Investing Date:  1/1/2013  2:59 PM
Author:  dbc607 Number:  306601 of 312185

I am always in favor of paying off all debt with the exception of a mortgage as quickly as possible and always starting with credit cards first.

Sounds like your debt is under control, so in my opinion, I would pay off the student loan first at 7% then look at getting rid of your second mortgage and refinancing at a lower rate. After all of that, then you could consider buying a beach house.
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