View Single Post
  #25 (permalink)  
Old 02-28-2007, 06:47 PM
jIM_Ohio's Avatar
jIM_Ohio jIM_Ohio is offline
$ Saving Post Graduate
 
Join Date: Feb 2007
Location: Milford, OH
Posts: 2,646

Points: 13627.63
Donate
Default Re: Paying Off Credit Card Debt vs Building An Emergency Fund

Quote:
Originally Posted by cantretire
Cash advance at 20%???? No way. I'll keep the emergency cash fund.
I pay 0-9% for my advances. In an emergency, not an issue. It will be paid off quickly with cash flow from other sources.

We have close to $1100/month liquid cash in our budget. We contribute this to an IRA, and could easily stop one months payment to pay the bill on the CC.
__________________
Light travels faster than sound. That is why some people appear bright until you hear them speak.

One person's stupidity is another person's job security.
Reply With Quote