Credit Card
December 25th, 2011 at 02:42 amI don't have any personal credit card debt, I pay off what I charge every month.
My financial partner K was out of work for a while and ran up a bill of $19,000. Its currently at $14,600 at 7.75%. It cost $100 interest last month which was worth it to me to not pay it off using our savings.
The only other debt we have is our home equity loan ($131,700) and mortgage ($318,200).
#1 short term goal is to pay off this credit card. I have not idea how long it will take. Its one of the reasons I started this, to see if I can track and predict.