mused76

my situation is this: i have saving bonds worth about 4000 currently that are not all fully matured - some are and some are not - but they're from my grandparents. i owe about 5000 on my car with payments at 230 a month. the car has a lot of miles at 160,000 or so but it's in great condition and shape so i'm not worried about it falling apart. i owe 1500 in credit cards (total) because i paid it down 1000 in two months with pay from work and a lot of budgeting and bologne sandwichs. what should i do????
1. suck it up, make monthly payments on car and credit car with take home pay from work and save bonds until all are matured or if emergency comes up?
2. cash bonds - put total amount towards car and pay car off eventually? which would save me some money on monthly expenses (230 a month) and car insurance (bring it down from full to liability after car is paid)
3. cash bonds - cover credit card and put remaining on car?
4. cash bonds - cover credit - keep rest of bonds as are til they further mature

any advice or suggestions are welcomed. just trying to get some other opinions. thanks.

shakran

1, and if you can overpay on your car payments to get that off your back quicker.

Konichiwaneko

suck up another three months and pay off your credit card.

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