I'm carrying a lot of debt right now, and want to put all my extra money toward paying down that debt. It is just so difficult to know how much I should be putting away vs how much I'll save by eliminating principal on credit cards, car notes, student loans and business loans.
This is a difficult position as I do live within my means now, but had a rough patch financially a few years back, that's why all the debt is still hanging around my neck. Pretty much all savings accounts don't pay enough to beat inflation, it just makes sense to me to pay down my debts as fast as humanly possible.
I intellectually understand why having some savings is necessary, but today the numbers just don't pencil out. Unless anyone has some suggestions where I can earn a rate of return that actually beats inflation, that would be wonderful!



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I don't sweat
the other 5% .......................


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