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Decisions, decisions, decisions

April 10th, 2015 at 04:21 am

At the start of the year, I said any extra money I receive, I would pay half on the CC debt and the other half towards my $20 challenge.

I received $200 from my brother today. I tossed and turned, trying to decide if I should pay this entire amount ($200) on the CC or half. I initially said I was going to pay down CC debt when I received the money but it really bothered me that I wasn't adding anything to my challenge. So with that, I took half and paid the CC and added the rest to the challenge.

Part of my goal is to save $5000 for the year, (that will give me about 6 months worth of expenses saved) and to pay off two CCs. I must say my methods are working, I should have about $1500 saved by the end of the month, if not more, and three credit cards paid off. With three CCs paid off I can save $75 a month. Smile

Just hoping I made the right decision

4 Responses to “Decisions, decisions, decisions ”

  1. VS_ozgirl Says:
    1428658872

    In the end, if you kept the money in some form, whether it be EF saving or CC repayment, you're still doing something to better yourself financially Smile

  2. Amber Says:
    1428681861

    Thank you VS, I really needed that

  3. scfr Says:
    1428720679

    I agree with VS_ozgirl. Either one of the two choices you were weighing could be seen as the "right" decision. Keep it up, Amber!

  4. rob62521 Says:
    1428779345

    Well said, VS, well said!

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