I think the only reason I really question about the CC is... we currently have it at 3.65%... and even after the offer is done in October... right now the NORMAL apr is 7%.
But I guess what strikes me to want to have some sort of cushion is... I enjoy not using the CC and because I keep depleting my savings to pay down the credit card, lets say we get into a car accident and I have to pay our deductible all of a sudden. I don't want to have to put that on a credit card cause the credit card will charge the 7% rate and then whenever I pay that down, it'll keep the 7% balance on there and pay more on the 3.65% balance. So I know I have to save up some money aside to cover things that may come up so I can keep from using the credit card even if something unexpected occurs.
BTW, thanks for all the ideas. They definitely help
Last edited by AmbitiousSaver : 05-30-2008 at 10:44 AM.
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