She is definitely not saving money. Firs,t she needs to consolidate her debts to a much lower interest rate than what she is paying now, at least...

She is definitely not saving money. Firs,t she needs to consolidate her debts to a much lower interest rate than what she is paying now, at least prime plus 1 or 3points. It will save her a bundle on interest alone. She also needs to transfer balances to one credit card with a fixed monthly payment and hide the rest, laying off the shopping for a bit. Mary doesn`t have enough cash flow in the bank to cover her immediate expenses. She needs to keep aside at least 20pct of her income towards college fun and retirement fund with compounding interest if she is young enough to do so. Another 20pct percent towards emergency cash. For what`s left of her income, she needs to change a bit her life style to be able to pay off the credit card faster then pay off her mortgage, so she can save more aggressively towards her college funds and her retirement account