taking the next step
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taking the next step
| Wed, 12-15-2004 - 9:07pm |
I have decided what to do with my earnings after my cc debt is gone, and all is left is paying a car loan. It came to me when I was peeling an orange after dinner.
I'm going to save up 3 months worth of income while at the same time using snowflakes on my car loan. Once I have the 3 months (which will actually be 4 b/c I already have 1 month saved up), I will increase my payment on my car loan and continue saving and investing the rest, whatever percentages I decide at that time.
Yayy..I have a plan. It's been driving me crazy trying to figure out where I should put my funds once my cc is paid.
slojuly

That sounds like a good plan :-)
These things come to us at strange times, don't they? lol
I think establishing a good savings account, and paying extra on the car loan is a good plan.
I've always heard you should have 3-6 months saved up of income just in case. So that is what I'm going to do. I have been wanting to do that for a couple of years now.
slojuly