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Credit Utilization Question

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Anonymous
Not applicable

Re: Credit Utilization Question

I'd personally re-establish the emergency savings while you payoff the credit card debt. It will take a little longer and cost more in interest, but savings is key to avoiding financial catastrophes in the future.

 

I also wouldn't remotely consider buying a new vehicle until that savings is already established.

Message 11 of 12
Anonymous
Not applicable

Re: Credit Utilization Question

By the looks of our plan we'll have replinished roughly $5700 in savings by end of March.

Message 12 of 12
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