- Like most families, the Millers have both credit and debt. Amy's credit score is 720 while Scott's is only 680 . They want to boost both scores. Here's information on their debt. - Scott owes $9,800 on his credit card. He pays 21.99% APR after sending in the minimum payment of 3% of the outstanding balance. He worries it will take forever to pay off this balance. - Amy still has student loans. She owes $15,000 and has up to ten years to pay it off at 6.9% interest. Amy would like to pay off this debt in less than 10 years if possible. - Amy drives a two-year-old Honda Odyssey. She bought it new. The current monthly payment is $425 with a remaining total balance of $17,000. The APR is 6.9%. It will be paid off in three years. (No change in financing is needed for this car). - Scott leases a one-year-old Audi A6. The payment is $580, and the contract expires in two years. When the lease expires, Scott needs to decide what to do about a car. Should he lease another? Buy this one? Do something else? He's not sure how to make this decision. - The Miller's want to protect their assets. They carry full coverage insurance on their cars with low deductibles of $100. They pay monthly premiums of $190 per car. They want to reduce their premiums. - The Millers have good health insurance coverage through Amy's group plan at work. Her monthly paycheck deduction for this benefit is $800 per month for the family's (including Scott and the kids) medical coverage. Amy also is covered by her employer with disability insurance that would provide 60% of her salary should she be unable to work. Scott is self-employed and currently does not have disability insurance. - Scott and Amy plan to take the family to Disney World next year. A travel agent will handle all arrangements if they put down a $500 non-refundable deposit. The total cost is $8,000. It includes airfare, hotel accommodations, and tickets to the amusement parks, but not meals. They want help figuring out how to pay for this trip without incurring extra credit card debt. (The family must go on this trip). - Oh, and one more thing, Scott recently received a $45,000 inheritance from his grandfather's estate. He is not sure what he should do with the money, but it possibly could help with some of their goals