<prompt> Human: Im a 24 year old freshman at my local community college, just got out of the military last November so Im receiving financial aid via the Veterans Association, heres a quick rundown on finances;11,000.00 between checking and savingsIncome: 1800month housing allowance as long as Im a full time student which is non taxableCompensation: 942.00month will receive this for the foreseeable future Monthly income: 2742.00Monthly ExpensesRent:750monthPhone: 100monthGym 40monthGroceries: 200monthCar Insurance: 100month1190.00monthly fixed expensesDebt: 6000.00 Credit Card Debt on one credit cardShould I pay it off lump sum? Small monthly payments?  <response>: I dont see a reason that you shouldnt pay it off now. You will still have 5,000 as an emergency fund and your budget is below your monthly expenses. 