Alright this is going to sound a little bit weird but I don't think I should pay it off just yet, I have $2,500 in savings. I've been saving for a few months, being a as cheap as possible to keep a small savings just in case something happens. But now I'm at the point where I've got exactly what I need to pay off not only the remaining car loan at that I have, but my most active and recent medical bill. But if I do that I literally have nothing, and my car is 10 years old- with no real problems yet. I'm waiting for them that's kind of why I have my savings. So I am actually really struggling to rationalize not just paying it off now. I really could, and I wouldn't even blink an eye at it, because that's what that money is for. I also have$10,000 credit card limit but I don't want to use my credit cards at all, so I'm tossing up left and right whether or not I should be paying off my car in that one medical bill in full and rely on my credit card until my next paycheck? I'm debating and I would like some input.
If I pay it off now, both of them, that leaves me with an extra $250 every paycheck. But if I wait until I have three grand, then I'll have at least $500 on hand in case something goes wrong. I really don't like relying on my credit cards, but paying these bills off would make things easier. Mentally.
May 13, 2018 at 08:42PM
