Paydown Debt Faster or Save While Paying Slower?
Date: Mon, 01/15/2018 - 09:41
Ofcourse, the sooner you pay
Ofcourse, the sooner you pay off the debt burden, is better.
Yes, you are absolutely right. As you are not getting any interest from the savings, there's no point of putting that amount aside right now. It will be a wise decision if you put that $800 towards paying off your credit card debt.
Do you have any emergency
Do you have any emergency fund? If yes, the you can use the entire amount to repay debt asap. But, if not, then it's wise to keep some liquid cash and repay debt at the same time.
Pay as much as you can toward
Submitted by Sanders Patricia on Tue, 01/16/2018 - 03:15
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