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@jessy200 I owe 28,000 now, I paid off almost $2k last month. I made $50k last month and used 30% of it to pay off debts, 15% in reserve for taxes, and 50% into a savings, I plan on maintaining this structure until my debt is 0. If my performance continues, that should be done rather quickly...

@present Dang. I might have to do it. Might be tricky w/ the mods I got on it, but you’re right the child should come first. It’s time to grow up.

@resjudicata Yes, even higher thus the return of the venture. Think of it like sales, but not sales. I’m paid by my performance, so margins are really 95%+ Also I’m not using any of my savings in the venture or money, it’s the firms money.

@cmata My rationale is: I’m scared. Sure if I pay it off all at once it can save me $1200 down the line. But in the context of that I’m trading that $15k which in my head =3-4 extra months to live to operate this risky business, in exchange for $1200 of savings it becomes trickier. In my...

@spoinge Not saying it does. I’m saying cutting down this debt, cuts down my timeline to see this thing through- mounts more pressure. That’s what the math isn’t accounting for, and why it’s tormenting me. With savings from 45k to 30k by paying off the debt, if I perform poorly that takes me...

@cmata My general rule for this is: Instead of paying it all at once, 30% of any revenue I make, I use that to pay down both my expenses, and those stupid loans. At that rate they should all be knocked down in a year. Feel like I’d shit myself if I only had $30k in savings, easing into my...

23 M, just quit my job, $45k savings, but just found out she’s pregnant. Hello, I just put in my 2 weeks in after I had my first $50k profit month in my new business. Girlfriend calls me today and tells me she might be pregnant. I just want some tips/pointers on what I should do given...