I am 31(M) single. I have few credit card debts. My monthly net income is $3850( paid $1925 biweekly). I currently contribute 6% in my 401K for employer match and maxing out my hsa. I have about $82K invested in total. And another 7k in a high yield savings account. I filed my taxes, I'm expecting another $1.7k from tax returns to hit my checking account in the next 2 weeks which I'll transfer to my hysa till I decide what to do with it.
I have a total of $11k in credit card debts
Cc1 (0% till may 2024, 23% after) - $1800 Cc2 (23% interest) - $1450 Cc3 (0% interest till dec 2024, 25% after) - $$7750
I have created budget and will be left over with $1000 after my expenses. I will finish the cc2 when the next paycheck hits this Friday. I haven't maxed out my rotha ira for 2023, still have $4k to contribute. My question is should I stop investing in roth for 2023 and pay off both the 0% credit card using my hysa or invest the remaining $4k in roth ira and pay off $1000 each month and finish the card.
Thank you for your help.
original posted by SimpleWay8100 to r/personalfinance on Mon, 04 Mar 2024 15:17:41 GMT.