[Elizabeth]

Hi I’m not new to being frugal or things like that, but I’m about 3 months away from having my first car paid off.

payments were 466.18 a month. Is there anything I should do/know that involves saving on car insurance?

I have two speeding tickets….

one of them is 4 yrs old and the other is a year old.

Our car insurance is crazy just for two cars through progressive.

It doesn’t help that I wasn’t a safer driver when i was younger. Also, I have other debts I need to pay off as well.

How do you all divvy up money to pay down extra on debt?

I live in Indiana. I’d appreciate all the ideas.

Thank you!

[Heather]

Start with the bills that have the highest interest rate

[Stacey]

I’d take at least half of thatmoney and put it away for an emergency fund.

I had ten thousand put away from taxes over the years and it WASNT enough.

I had major things happen over and over again.

And now second surgery in a year is getting planned.

Makes sure you have a ton in emergencies fund and a ton in retirement.

No matter your age.

[Judy]

Call Progressive and let them know you are considering switching companies.

See if they can adjust your premium.

And make some calls, shop around.

Now, with the extra $409+ / month, save a portion, up to half,, for car repairs or replacing this car when needed.

The rest can be used to pay down debts.

[Author]

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