I owe $1,100 total on my credit card (31.74% APR) (my only debt). I have $1,100 in my savings account. Should I use the $1,100 in my savings account to fully pay off the credit card, and then work my savings back up from scratch or should I keep the $1,100 in my savings and keep chipping away at monthly payments ($80-$100/ month)? Does it even matter? Should I do $550 each?
Submitted December 18, 2022 at 11:53PM by Outrageous_Usual_238 https://ift.tt/IEPzNvU
