Dear Dave,
I’m about to start paying off debt in Baby Step 2, but there’s a motorcycle loan my ex-girlfriend took out for me. I crashed the motorcycle and sustained some injuries. After two months of litigation, I received a settlement of about $15,000 that was just enough to cover the loan. Do I use the settlement money toward my debt snowball, or should I pay her back so I can get her out of my life for good?
—Arnold
Dear Arnold,
Pay her back. Anything else would be unfair. And, on top of that, it’s just the right thing to do….