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re: Tips for paying off debt?

Posted on 6/25/15 at 8:07 am to
Posted by LSUAfro
Baton Rouge
Member since Aug 2005
12775 posts
Posted on 6/25/15 at 8:07 am to
quote:

1k might have gotten you by in 1998 but I'd say $2,500 is more appropriate now before one attacks debt.

Why? What is that cash doing for you that you couldn't do with a CC if you ran in to an emergency?
Posted by notsince98
KC, MO
Member since Oct 2012
18677 posts
Posted on 6/25/15 at 8:14 am to
quote:

Why? What is that cash doing for you that you couldn't do with a CC if you ran in to an emergency?


Earn interest instead of costing you much more in interest.
Posted by bayoubengals88
LA
Member since Sep 2007
19778 posts
Posted on 6/25/15 at 8:23 am to
quote:

Why? What is that cash doing for you that you couldn't do with a CC if you ran in to an emergency?

That cash is taking care of the issue/problem. Putting it on a credit card is delaying and enlarging that problem. Am I wrong?
This post was edited on 6/25/15 at 8:24 am
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