saving 1500$ a month good enough ?
Good Afternoon people,
I am drowning in debt. 35 going through a divorce.
3 credit cards - 1500$, 3000$ and 8300$ all maxed out at this time.
1 loc - 6600$ - 6300$ remaining
1 loan - 13850$
credit score - 637 based on credit karma. transunion sitting at 590.
I have a stable job. I make 80k annually
I am starting to save up. I have 3000$ saved up.
question is : how much should I save up before I start paying off debt like crazy. The times are crazy do you guys think I should save 1000$ a month and put rest towards clearing off the debt. Please advise. I am despressed and feel no motivation in life.