coconut_icedcoffee
coconut_icedcoffee OP t1_j6n0hix wrote
Reply to comment by sonnyfab in Keep money in savings or kill all CC debt? by coconut_icedcoffee
That’s a good point, I hadn’t thought about it. Basically paying the interest on the amount to keep it in the bank. When you put it that way it seems crazy to NOT just pay it off. Thank you!
coconut_icedcoffee OP t1_j6n0bj0 wrote
Reply to comment by t1mdawg in Keep money in savings or kill all CC debt? by coconut_icedcoffee
Thank you for linking the Prime Directive! I hadn’t seen this before posting, definitely a great resource!
coconut_icedcoffee OP t1_j6n04hv wrote
Reply to comment by dmaxd123 in Keep money in savings or kill all CC debt? by coconut_icedcoffee
Oh definitely! I just wanted to mention the Roth so it wasn’t coming across that the 10k was my only savings in comparison to the debt.
I hadn’t thought of already shifting my budgeting to the future salary, which is a great idea! Thank you!
coconut_icedcoffee OP t1_j6n9s21 wrote
Reply to comment by GeorgeRetire in Keep money in savings or kill all CC debt? by coconut_icedcoffee
My main concern was whether to hold the savings as I approach a new salary with whatever new job opportunity will come in the next month or so, in case of emergency. But then again, I think a better option would be paying off the CC debt and then I still always have the credit lines in case of emergency 😅