How much are you able to put towards your credit cards? Can you live off $100 a month in spending money?
Honestly the priority needs to be paying off any revolving debt so that you don't end up paying interest charges later. I would tackle that before thinking about starting a savings but others may disagree with me. It's much easier to hit goals one at a time than work on them all at once and it's extremely easy to get behind on credit cards and end up in a pit.
What you want to do first is figure out how much you can put towards your debts and go from there.
Yeah, you want that CC debt gone. Once you've payed the monthly minimum on each card, I'd pay as much as you can towards whichever of the June- or July-ending intro rate cards has the higher rate after the 0% rate expiry. Then attack the other card. Then the October card.
Did I say that you want the CC debt gone? Yes, you do.
... but because I'm living with my parents...
Discover: $952 July 2020
BBP: $1581 June 2020
R+: $958 October 2020
My income is $1,700 a month. Only other bills are phone at $90 a month and a car at $410.
This is very doable, and it might sound harsh, but I promise you, I've got the best of intent.
If your income is $1,700 per month, and your expenses are $500 per month, that's $1,200 per month that you can be using to reduce your debt.
...and you do NOT have to be even THAT tight...
Month #1: Pay OFF Discover.
Month #2: Pay OFF R+
Months #3&4: Pay OFF BBP
Come January, pay your tuition with whatever card has the lowest APR and/or a zero percent offer. (Perhaps pick up a new card in January?) Then do the math to pay in full before tuition is due again.
I live in a different position in a similar household. I'm the Dad that is allowing my adult child to live here rent free so long as she is a full time student. I am NOT paying for her education, but I do provide room and board at no cost. She should graduate in 2021 debt free.
This is very doable.
You can do this.
...you just have to decide that it's important to you.
Best of luck!
I would certainly work on paying down the credit card debt before it gets out of hand. From experience I can tell you that once you reach that point, it can become a nightmare to live with. You have also amassed an enormous amount of new credit in a short period of time, so I would concentrate on aging your profile, whether that is setting a goal to make it to an AAoA of 2 years or getting below 5/24.
Consider setting some goal cards that you want that might force you into your goals. And when it comes time to pay your tuition and fees, maybe that is the right time to step out of the garden by getting a new card with a 0% introductory APR on new purchases - but only if you're confident that you can pay off the balance prior to the expiration of that offer, otherwise you're going to saddle yourself with even more longer-term debt. But I know you do travel, and perhaps using some SUBs to pay for travel you would have paid for anyway might be helpful and also allow you to stretch out those tuition and fee payments.
Like I said, you've amassed a lot of credit really quickly. Give your profile time to recover and you're going to have a fairly thick profile by the time you graduate and the world will be your oyster when it comes to choosing cards that are best for you.
Well, looks like you have had some great advice,
so I don't have much to add except this;
I kinda hate you a little bit for posting this.
oops, wrong thread