+Dear Debt Master,
I am a recent college graduate. I just started my first job as a sales rep and am very
overwhelmed with all of the bills I have to pay. I have $45,000 worth of student loan debt at
6.8%. I forgot about my first payment of $275 and am now 45 days past due (they sent me an
angry letter). I also have 3 credit cards including:
+$2,176 on Discover (16% APR), $60 minimum payment
+ $650 on Visa (18% APR), $35 minimum payment
+ $1,546 on American Express (19% APR), $40 minimum payment
I've never made a budget and really don't know where to begin. I don't have any family who can
help me. This adult-ing thing is a lot harder than I imagined. HELP!
Sincerely,
Sarah