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    • Moneyx3
    • By Moneyx3 6th Dec 17, 12:30 PM
    • 25Posts
    • 54Thanks
    Would you snowball?
    • #1
    • 6th Dec 17, 12:30 PM
    Would you snowball? 6th Dec 17 at 12:30 PM
    I would be very interested to hear what others would do in this position - hearts and heads are in disagreement. We have been working on getting debts down as fast as possible but oh now in poor health and I would like to have some fun and travel adventures while we can. Would you keep on paying extra to be debt free in 2 years' time or just pay minimum payments and be in debt for longer. We get private pensions (over 60 but not old enough for state pensions yet) - no mortgage but no insurance either. Total debt 33k.
    Thank you.
    1k emergency fund 30
    Weight loss challenge 3/12
Page 2
    • Moneyx3
    • By Moneyx3 7th Dec 17, 11:11 PM
    • 25 Posts
    • 54 Thanks
    Thank you Susie and everyone who has helped with information. After very careful consideration, the decision has been made to concentrate on getting the debt down as quickly as possible. Once it is down to the level that either one of us could cope single handedly, then we will look at maybe splashing out on that special trip but will only do it if we can manage without further debt.

    A big thank you to all - it has helped enormously to hear different perspectives.
    1k emergency fund 30
    Weight loss challenge 3/12
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