The Motley Fool Discussion Boards

Previous Page

Social Clubs / First World Problems

URL:  https://boards.fool.com/nah-these-were-the-499-and-399-forever-cards-34286470.aspx

Subject:  Re: Financial Accomplishment Date:  9/2/2019  8:27 PM
Author:  synchronicityII Number:  23789 of 23815

Nah, these were the 4.99% and 3.99% forever cards, which were the highest interest rate ones we had left.

We split "excess" funds between savings, debt, and college, but for a long time we were "ahead" on debt because of making prepayments on our mortgage for various reasons, so it was all going to "savings" and "college". Now that we're "caught up", funds are going towards debt as well.

Unfortunately, our next highest debt is now our mortgage (thanks to the effective elimination of most or all of the mortgage interest deduction), so excess funds for debt will be bricks thrown into that Grand Canyon.

-synchronicity, still has several cards at 1.99% forever and one at 2.99%.
Copyright 1996-2019 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us