Dmitriy Fomichenko, President, Sense Financial
@dfomichenko
There is not enough information to make a recommendation. We would need to know your amount of debt, the type of debt income, current savings, retirement goals, etc. I would recommend setting money aside for an emergency fund, so that even in case of unexpected loss of income or large expenses, you will not fall deeper into debt. Then, try to make timely payments on all your debt to avoid negative effects to your credit. After that, you can focus on clearing your debt, or balance between debt payment and saving/investing for your future. To get a more specific recommendation, you can talk to a financial planner who can help you develop a proper financial plan that fits your financial situation.
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