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Question. My wife and I have been working through the baby steps, and we both work remotely from home.

But recently, my company provided me with a company vehicle that I used to travel. I do have to go out onto locations.

Okay.

And then we have two personal vehicles.

One of them is paid for.

And then the other one is my largest debt left in my snowball.

And I just was wondering if it would be wise, since we don't drive as much to get rid of, to sell that vehicle

to pay off a huge, you know, to get rid of approximately half my debt, and then just use

our own personal vehicle and then my company vehicle as needed if it comes up. Yeah, so there's

three cars. One's paid off. One has a note and one's the company vehicle.

Correct. So the one that has the note, what do you owe on it and what's it worth?

Oh, 23,000, and it's worth approximately 28.

Nice. So we get a little something, something on that action.

Which means, and since you don't need another car to purchase, you could use that $5,000 in profits to throw at your debts.

Absolutely.

So not only do you free up a payment and get rid of half your debt, you also start to knock out even more debt instantly.

Yeah, why not do that deal? I'm doing that all day. What other debt do you have?

We have approximately $2,500 left on a credit card, 3,600 on a student loan, and 14,000 on a personal loan.

Okay. So with the 5K, obviously, the credit cards are done, and a good portion of the student

loan is done. Any other cash

laying around? A small amount of savings. How much? We've been working through 15,000.

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