Where to put the money...
Senario #1
$ 3,300.00
Trip - $1,200.00
$2,100.00
LOC - $2000.00
$100.00 towards Xmas
Pros- LOC closed for good. I have a hard time not tapping into it when I need a little extra. If I pay it off and close it, I’ll have another 160/month to put towards other debt. I’m working to reduce my temptations.
Cons – I only have a little bit in my Emergency fund.
#2
$ 3,300.00
Trip - $1,200.00
$2,100.00
Xmas $1000.00
$1,100.00
DD $500.00
Save $600.00 ( in mini emergency account)
Pros - mini emergency fund
DD can be paid out of my pay cheque.
CON LOC still opened... Tempetation...
#3
$ 3,300.00
Trip - $1,200.00
$2,100.00
DD $500.00
RRSP $ 1500.00
$100.00 towards Xmas
DD can be paid out of my pay cheque.
RRSP can help reduce my taxes by a little.
CON LOC still opened... Tempetation...
$ 3,300.00
Trip - $1,200.00
$2,100.00
LOC - $2000.00
$100.00 towards Xmas
Pros- LOC closed for good. I have a hard time not tapping into it when I need a little extra. If I pay it off and close it, I’ll have another 160/month to put towards other debt. I’m working to reduce my temptations.
Cons – I only have a little bit in my Emergency fund.
#2
$ 3,300.00
Trip - $1,200.00
$2,100.00
Xmas $1000.00
$1,100.00
DD $500.00
Save $600.00 ( in mini emergency account)
Pros - mini emergency fund
DD can be paid out of my pay cheque.
CON LOC still opened... Tempetation...
#3
$ 3,300.00
Trip - $1,200.00
$2,100.00
DD $500.00
RRSP $ 1500.00
$100.00 towards Xmas
DD can be paid out of my pay cheque.
RRSP can help reduce my taxes by a little.
CON LOC still opened... Tempetation...
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