should I
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should I
| Mon, 02-27-2006 - 10:03pm |
I was just thinking, my one credit card has $776 on it, and has really high interest. I have saved a little over $900 should I take it and pay it off? I think I should but then I will only have that little bit in my savings account....hmmmmm...I just dont know, I mean if a REALLY big emergency came up I could just ask my dad for my credit card (I got him to put them in his safe so I will stop using them until everything is paid off)
What do you think?
Thanks so much!
Mandy

I would-it can be alarming to be on the edge but you can take the payment you making to that credit card and use it to build the savings account back up. The CC rate sounds like it's substantially higher than the savings rate. You might also challenge yourself to find some places to cut back in the budget temporarily until you've gotten back up to your comfort level.
Taleyna
All my best,
Danni