Income: $6,700/net monthly
- $5,000 credit card debt
- $2,500 medical bills
- $25,000 car loan
Mitzi’s main concerns, in her words
My husband and I are attempting to make the switch from paying for everything with credit cards and paying them off monthly to using all cash. We are also attempting to adhere to a real budget for the first time in seven years of marriage. We currently have $5000.00 in credit card debt, $2500.00 in medical bills, $25,000.00 car loan, $175,000.00 mortgage, and a rental property mortgage for $205,000.00. We also have frequent discussions regarding maintaining or selling the rental property.