Finance - Which to pay first?

[mosesbotbol]

Originally Posted by dijit

I dont see this as a completely cut and dried case.

I apologize for not be so clear. Within the credit union site which allows me to make principal only payments does not allow me to associate an external bank account. I pay my monthly payment direct from my primary bank to the credit union. If I want a principal only payment, I must do that from within the credit union site; hence transferring money to savings account I needed to open to be a part of the credit union.

Not ideal, but not the end of the world either.

[dijit]

Originally Posted by mosesbotbol

I apologize for not be so clear. Within the credit union site which allows me to make principal only payments does not allow me to associate an external bank account. I pay my monthly payment direct from my primary bank to the credit union. If I want a principal only payment, I must do that from within the credit union site; hence transferring money to savings account I needed to open to be a part of the credit union.

Not ideal, but not the end of the world either.

Based on this information then I agree with those saying Dave Ramsey plan. As an avid practitioner of that plan I can say it works very well. About 4 more years and I will be screaming "I AM DEBT FREE"