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Schneed10 · 11-27-2006, 02:50 PM

Transferring the balance to a different card was the right thing. I'd still try to open a new card with 0% for 12 months, and transfer the balance to that account. 0% is better than 6%.

While you're sitting on the 0% account for a year, make sure you are physically putting money aside to make sure this doesn't happen again. Take $50 out of every paycheck and put it in a drawer; or in a separate savings account. Keep that cash out of sight so it will stay out of mind. Then when your 0% account comes due, tap into your stash and pay it up in full.

11-27-2006, 02:50 PM	#2
Schneed10 A Dude Join Date: Feb 2005 Location: Newtown Square, PA Age: 46 Posts: 12,458	Re: SERIOUS money question: NEED HELP!!! Transferring the balance to a different card was the right thing. I'd still try to open a new card with 0% for 12 months, and transfer the balance to that account. 0% is better than 6%. While you're sitting on the 0% account for a year, make sure you are physically putting money aside to make sure this doesn't happen again. Take $50 out of every paycheck and put it in a drawer; or in a separate savings account. Keep that cash out of sight so it will stay out of mind. Then when your 0% account comes due, tap into your stash and pay it up in full. __________________ God made certain people to play football. He was one of them.