ST Alpha - "not enough information, but I generally favor short term cash flow over long term interest savings until you have enough cash on hand to cover emrgncs -- nm" (Reading a Post)

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In response to "color of money chat q: he/she was laid off two years ago and has credit card debt at 18%. should they use their 401k/IRA to pay off the credit card?" by cupixie

not enough information, but I generally favor short term cash flow over long term interest savings until you have enough cash on hand to cover emrgncs -- nm

Posted by Max Feb 3 '11, 10:11

(No message)

Responses:

money now is sometimes better than money later. -- nm - amanda jones Feb 3, 10:20 1
- Michelle's response to the questioner - cupixie Feb 3, 10:24

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