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Personal Finances / Credit Cards and Consumer Debt

URL:  http://boards.fool.com/i-would-a-least-contribute-towards-my-401k-what-my-10688233.aspx

Subject:  Re: 401k vs credit debt Date:  3/19/1999  11:00 AM
Author:  JoelErika Number:  7888 of 312028

I would a least contribute towards my 401K what my company will match. How old are you? If you are very young, you could try applying say, 10% to your 401K and apply the additional towards your credit card debt, just make sure that you use the extra $ to pay off debt!

Also - try switching your balance around to a lower rate for the 6 months they offer! check out www. cardsmart.com - this shows credit card teaser offers - with low interest rates! And, cut up all but one card!!!

IMHO - Erika
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