Firstly, well done for tackling those credit card balances. I’m sure that feels good and certainly makes sense from a financial standpoint considering the high interest rates they often charge. You may want to look at reducing the available credit as it’s so easy to run up the balance again.
The next thing you should do is to look at building up some emergency savings. At a minimum, you should strive to save up the amount that you would need to cover your essential household expenses for a three-month period. This will give you a bit of breathing room in the case you encounter unexpected costs or situations like losing your job, house or car repairs or medical emergencies.
If you’re interested in discussing strategies on how you can start increasing your savings or any other financial questions you may have, feel free to get in touch with a financial advisor and they can walk you through your options.