I'm a 32 year old newly graduated Ph.D. working as a researcher. Over the course of my undergraduate and graduate years, I've wracked up both student loan and credit card debt. My profile appears below, so any advice would be welcome.
Current salary: ~$87,000 (before taxes)
Credit card debt: $18,500 (paying approximately $250 in interest total on 2 cards, AMEX and Mastercard)
Federal School Loans: ~$16,500 with a low interest rate.
Mortgage payment on a newly purchased home: ~$1350/month
Other bills:
Cable/internet: $150
Cell phone: $85
Utilities: TBD, just moved in...
Savings: $5,000 in an ING account
Any advice on how to save while also paying down debt? Things I should be doing that I'm not, etc.?
Thanks much.