Quote:This is exactly what I would do. Pay off my medical bills and credit card, talk to a friend of ours who is good with investing and finances without telling them why. We don't have a mortgage or car payments but our home (20+ years old) and vehicles (both 14 years old) are aging so those would be things to address as they come up. Our AC is 20+ years old and still works very well as does our 20+ year old water heater and stove. I expect they won't last forever. 

 

Back in the mid-to-late 90's my wife and I got ourselves into a ton of debt.  I finally had enough and I remember her crying as I cut up all of our credit cards.  We paid those off, paid off and drove used vehicles for years and finally have gotten ourselves into a comfortable position.

 

My home is much older than yours, and serves it's purpose.  I've replaced the AC, water heater, roof, stove, etc. over the years, but it's all going to be paid off very soon.  Just keep working hard at it and eventually you'll be in a position like me.  My advice is to sock whatever money away that you can.  Even if it's only $10 a month, just put it away and don't touch it.  You'll be surprised as to how quickly it ends up being a pretty decent sum of money.

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