<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > CC vs Challenge
 

CC vs Challenge

December 27th, 2007 at 05:44 pm

I know I should be paying the cc with any extra cash I get but I feel obligated to add to the challenge, so I added $50 and paid $49 on the cc (I got paid from my part-time job today).
I decided that after the first of the year my entire check from my part-time job will be added to the challenge. I think it is best to go back to living on one check
I rerally need at least a total of $24k by November 2008 ($14k for a dowpayment and $10k for an EF). See I plan on gradating in December and would like to buy a townhouse as a graduation present

In the end new total for challenge is $7100.10 and CC debt $2981.93

3 Responses to “CC vs Challenge”

  1. JanH Says:

    That would be an awesome graduation present! You've done an amazing job on the challenge!

  2. scfr Says:

    Amber - How are your interest rates on the CCs? The reason I ask is that I wonder, if the rates are high, if it might not be a good idea to pay down the CCs before saving more for the house. It would mean a short-term setback for your house down payment money, but long-term it could mean MORE for the house because you would no longer be paying interest and could put so much more toward the house savings.

    I think you are doing great!!!

  3. veronak Says:

    Pretty good rates one is 0% until July and the other was low I can't remeber
    You are absolutely right SCFR

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]