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I’m trying to save up for a new laptop because my old one is slowing down and making work from home pretty frustrating. The catch is I’m also working hard to pay down a $2,500 credit card balance that’s been hanging over me for months. I’ve been putting about $300 a month toward the debt, but I’d like to stash some cash aside for the laptop too without slowing down my progress too much. I’ve already cut back on dining out and entertainment, but it feels like I’m juggling two conflicting goals. I’m worried if I focus too much on the laptop, the credit card interest will keep building, but if I only pay off the debt, I’ll be stuck with a clunky laptop for who knows how long. Has anyone managed to balance saving for a big purchase while aggressively paying off debt? How did you decide how much to allocate to each goal, and did you find any strategies to speed up the process without feeling like you’re sacrificing too much?

Budgeting gif

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