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January 8, 2009

• Should I use my emergency fund to pay off my credit debt?

  luvahun410 asked: I have about roughly $5000 of credit debt which I’ve consolidated and now have min. payments of $100 a month. I’ve also started an emergency fund as these are troubling times. My question is, should use the money I’ve saved up ($1000) to pay off my credit card now? A few other things [...]