Can someone help me out? I need some advice
I'm a 21 year old male married with stay at home wife and kid. I make 105000 annually as a marine engineer bi weekly that equals out to 4k some time 5k. I work 8 months out the year. For my expenses 2k rent and utilities including car insurance phone bill is 2400. groceries a week is $250. I have 4687 in cc debt at 14.49% interest rate, a balance transfer card of 5900 0% interest rate for 15 months with a limit of 6800, i also have a auto loan of 18100 at 7.24% interest rate. Our family vehicle is compact within next year i wanted to trade in to get a reliable used Toyota suv, when is the perfect time for that? I have 2k in savings right now. Any advice? i been draining my savings to be debt free and also paying 1.5k-2k bi weekly for my high interest credit card. 2 months ago my card balance was 10k now its 4,687.