Re: How do you build an emergency fund when you can't even pay off your bills?
defaulting on a cc payment will in the long run cost you more. i think we are suggesting you focus on at least 1 cc and get it paid off. pay over the minimum even if it is just by a buck. if building an emergency fund is important to you.. take the minimum you were paying on that credit card into a seperate acct. perhaps ing since you can do an automatic transfer. if you don't see it you won't miss it.. have you thought of anything you could do for some extra cash to get your bills paid down
|