Edited to shorten this so that no one has to read the essay I had written:
Should I pay off my Credit Card balance with $$ from my wedding fund? I KNOW that I can pay it to the wedding fund by mid January, plus I won't be getting charged interest then.
I'd rather just have it paid off before the holidays. What do we think?
GiannisWifey
Posted:
Member since
Re: SWR $$ Question
I would recommend paying off the CC now, this way, any payment that would have been going into the 'cc' (which is week 3) would go straight to the wedding acct.....this will mean you have 2 checks going into wedding fund rather than one......the interest will take you a bit longer so IMO, I would totally pay off the card now BUTTTTT deposit the check that was originally going to your CC into the wedding fund as well.....pretend like you stil have the CC payment but make towards the wedding fund!
AgaBride062610
Posted:
Member since
Re: SWR $$ Question
I think you should pay it with your wedding fund.. probably the interest on the savings acct is much smaller then the interest on a credit...
JAAMS
Posted:
Member since
Re: SWR $$ Question
Posted by GiannisWifey
I would recommend paying off the CC now, this way, any payment that would have been going into the 'cc' (which is week 3) would go straight to the wedding acct.....this will mean you have 2 checks going into wedding fund rather than one......the interest will take you a bit longer so IMO, I would totally pay off the card now BUTTTTT deposit the check that was originally going to your CC into the wedding fund as well.....pretend like you stil have the CC payment but make towards the wedding fund!
