Quote:
Originally Posted by schundler
I don't understand why if you're paying 17-20% interest on 15k in cc debt you'd even consider doing anything before than paying it off?
because i'll have the cc debt paid off within a year. 20% on 15000 isn't as much as 12% over 3.5 years. not to mention i'll have 1/3rd of that 15k paid off within 3 months. i've gotten the spending under control already.
Yes, i know most people lose money when they trade instead of investing. Most people don't learn from the same guy i'm going to learn from.