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Old 02-21-2007, 09:34 AM
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jIM_Ohio jIM_Ohio is offline
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Default Re: IRA or Credit Card Debt Reduction?

$40,000 in CC debt is high. I would contribute to the IRA while making payments on the debt. My emphasis would be to pay down the debt, but if spending and CC usage are in check, a broad financial plan (of investing and paying off debt) worked for me.
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