Linda

What kind? Yeah, I'm doing well, praise God. Uterine cancer came, you know, blindsided, of course. So I was a, making really good money as a veterinarian and you know, working on trying to save a nest egg when all this happened. And, uh, because of everything, I decided to take an early retirement and I was fast tracked onto full social security disability in 2022.

So, but unfortunately I hadn't saved a large nest egg, you know, by this time for retirement. What did you have? Well, right now, this is where I'm at. I own a house, my home, no mortgage. It's a brand-new construction house, so I literally just moved in. Nice. What's it worth? That's another story. I haven't had it appraised, but I'm thinking I could probably get $250 for it.

So, but unfortunately I hadn't saved a large nest egg, you know, by this time for retirement. What did you have? Well, right now, this is where I'm at. I own a house, my home, no mortgage. It's a brand-new construction house, so I literally just moved in. Nice. What's it worth? That's another story. I haven't had it appraised, but I'm thinking I could probably get $250 for it.

I live alone, no kids. I own my car. Um, so are you debt free? Completely? No. So this is, no, this is my fear is I do have approximately $35,000 in debt right now, of which 24,000 is on a credit card that I had used where I went over budget on the house. About $3,900 is for special medical care and supplements on a credit card.

I live alone, no kids. I own my car. Um, so are you debt free? Completely? No. So this is, no, this is my fear is I do have approximately $35,000 in debt right now, of which 24,000 is on a credit card that I had used where I went over budget on the house. About $3,900 is for special medical care and supplements on a credit card.

Neither of those credit cards are interest-free right now, but that will end next June.

Neither of those credit cards are interest-free right now, but that will end next June.

One-time deal, so I'm done with that. And then I, unfortunately, I had to have a high deductible insurance in 2024. So now I'm going to have a total of, right now I'm at 7,100 of medical bills that are going to be coming due next year. And my complete and entire life savings is 97,500. Okay. And so my question is,

One-time deal, so I'm done with that. And then I, unfortunately, I had to have a high deductible insurance in 2024. So now I'm going to have a total of, right now I'm at 7,100 of medical bills that are going to be coming due next year. And my complete and entire life savings is 97,500. Okay. And so my question is,

What strategy would you recommend I use to pay off this debt and rebuild savings or work on that?

What strategy would you recommend I use to pay off this debt and rebuild savings or work on that?

I have it in a high-yield savings account at 4.8% interest. Okay.

I have it in a high-yield savings account at 4.8% interest. Okay.

Correct.

Correct.

Correct. How are you doing with your... And it would be living expenses for... My living expenses are quite low except for... I actually spend a lot on groceries and supplements because I have to buy, you know, organic food and grass.

Correct. How are you doing with your... And it would be living expenses for... My living expenses are quite low except for... I actually spend a lot on groceries and supplements because I have to buy, you know, organic food and grass.

So my total expenses are coming out around $2,500. Okay, good.

So my total expenses are coming out around $2,500. Okay, good.

Without the debt.