Skip to main content
index page

cc payment percentage

Submitted by on Mon, 08/09/2010 - 03:39
Posts: 202330

When working on my budget what percentage should I keep for credit card payments?

Soaplady is correct. That is a difficult question to answer as financial budgets are different on a individual basis. There isn't a set formula as to what percentage to put away towards your creditcard debt.

You need to take in consideration what your net amount of income is in versus to your fixed living expenses.

Based upon the amount of disposable income that you have left over once you are done paying for your fixed living expenses is what you have left over to pay on your creditcard debt.

I hope I was able to answer your question. If in need of a free financial analysis, please feel free to contact me.

Submitted by heatherr on Mon, 08/09/2010 - 12:43


( Posts: 10 | Credits: )