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Am I saving too much or should I pay off debts first?
I am in a financial quandry and I need some advice. I am living paycheck to paycheck with some unique circumstances. My bring home pay a month is $2500.00 and my monthly bills including mortgage, student loans, transportation, food, cell equals approx. $2500.00 a month. Thus my net pay equals my expenses. I've been working to pay off some credit card debt and I am now down to $1600.00 in debt originally $7K as of Novemeber 2009 .I also have started contributing 12 % of gross pay to 401K and recently started putting $500 a month in savings account with Ing. Altogether I am putting away about $1K a month.My problem is this Am I saving too much money in 401K and savings? With my current budget, I don't have enough to pay more than the minimum on my remaining two credit card debts. I am 34yr and I only have $25K in my 401K which is why I have increased my contribution this year to 12 % instead of 6 % and I had $0.00 in my savings account so I'm trying to put away a couple of months worth of funds there.But am I doing too much or is it out of order somewhere? Any advise that you can give me would be appreciated. Thank you.

Should I pay off debts first and then save? Or save while I'm paying debts?
I have nearly $20,000 in credit card debt that I want to pay off in one year. I have about 48,000 in student loans that I will continue to make minimum payments on for now until I can pay more and also get them reduced through teacher loan forgiveness . I have very little savings and have been in the mindset that I can't save until I reduce my debts. Should I be saving something now? How much? I can't do the typical 20 %. How should I handle this? I want to be financially stable by the time I'm 30 in two years. Thanks.

A friend is loaning me money to pay off debts. How much can I deposit at once without being audited?

Best way to improve credit and pay off debts?
My husband and I got really far behind on some debts and obviously ruined our credit when he lost his job and was only able to find one making about half what he had been making. He has recently started a new job making better money and my first goals are to improve our credit scores, pay off our debts, and build a savings account. We kept up the payments that we could but others went to collections. Would it reflect better on my credit bureau if I settled with our creditors or if I paid the full balance? What is a good method to pay off debts quickly but also put money in savings? Any suggestions?Thanks for any and all help.

Taking funds from my 401k to pay off debt?
I want to remove money from my 401k to pay off credit card debt. Is this possible

Should I sell my house to pay off debt?
I'm really struggling with this decision...I can sell my home and sell it fairly quickly and walk out with $60k profit. However, this money would be towards paying off $47k in personal & c.c debt. Leaving me with roughly $13k. My issue is this If I sell, then I would need to rent a house or apartment for a year. I want to move down south and the left over money I could use as a down payment in Florida. Or I can stay in my home another year and profit $100k leaving me with $53k. HOWEVER, I feel like I'm stressing & drowning with this debt. Is it worth losing an extra $40k and be financially debt free? Or should I deal with it and make the most money from the sale to better establish me and my family? Currently I'm just getting by. I recently lost my job. I'm willing to cut directv, and do a tight budget if need to be in order to stay in my home 1 more year.What would you do.My home is to small to rent a room to a stranger.

Best way to pay off debt.......Canada?
I currently have a mortgage of $89,000 and 16 yeas left on a house that is valued at $145,000. I have a line of credit with a balance of $20,000. I also have $15,000 in RRSP's. Which would be the best way of getting rid of the line of credit. Cash in the RRSP's or consolidate it with my mortgage.

Pay off debt or increase savings if i lose my job?
My company is in the process of " reducing" its workforce and from the pattern that they went with last time my job is looking very uncertain. Should I pay off my debts quickly or start putting more money into savings?

High DTI - save for down payment or pay off debt?
I'm starting looking at condos in the $129K $155K range. I currently make $46K year, but I also have some debt. I am paying $1200 mo in debt, which includes credit card payments, personal loan, student loans, and a car loan. With a mortgage, it would put me at the 60 % DTI, which I know lenders don't like. I have a good credit score of 714 and been with my employer 3 years.I want to get my DTI down, but I'd like to save for a down payment at the same time. Should my money be allocated more towards debt or towards the downpayment?

How to pay off debt as quickly as you can..debt created over the years..credit cards...school..cellphone bills?
I was in bankruptcy but dropped...and now I want to pay off the debt myself.

Bad credit score even though Ive paid off debt?
I got my first credit card at the age of 18. From then on I had several cards that in the beginning were all paid on time. After losing my job and falling on hard times the accounts became delinquent for about a year. Since then 2006 I have paid off all debts most of which were charge offs and are now paid charge offs. I currently have one credit card and a car load, both of which are always paid on time. It has been 18 months since I have started paying on the car loan no delinquent payments but I haven't saw an increase in my credit score. Why is it taking so long?

Will paying off debts to collection agencies improve my credit?
I owe money to various companies comcast, verizon, liberty mutual if i pay these all off will it improve my credit score?

Trying to apply for a wedding loan have about 4k in debt is it smarter to pay off debt or keep money in bank?
keeping money in the bank which I heard will help if trying to get a loan with " AGED MONEY" in bank accounts.

Would it be a better idea for me to buy a car or pay off debt?
I am taking a class next year where I will have to spend 3 months in a class room teaching so I will need a car. But I am In debt. I have $5000 to either buy a car or pay the debt. That would pay off most of my debt. But I need a way to get to the school where I have to teach what should I do? There isn't really any public transportation where I have to go.Right now I'm paying about 200 dollars a month in credit card payments.