My Debt Reduction Blog » Debt Reduction http://www.mydrblog.com/blog Our road down debt reduction to elimination, and living without a budget Fri, 03 Jul 2009 18:27:03 +0000 en hourly 1 http://wordpress.org/?v=3.0.4 Paying off two credit cards this week http://www.mydrblog.com/blog/2007/07/10/paying-off-two-credit-cards-this-week/ http://www.mydrblog.com/blog/2007/07/10/paying-off-two-credit-cards-this-week/#comments Tue, 10 Jul 2007 18:44:22 +0000 Chad http://www.mydrblog.com/blog/2007/07/10/paying-off-two-credit-cards-this-week/ We’ve decided to pay off two credit card bills this week. We’re pulling $2,000 out of our ING account to do it, which leaves us with $4,000 in our emergency fund. We are paying off the credit card with the highest interest and the card with the lowest balance. In the end, this will give us just over $100 a month to put towards our next highest interest card, which also happens to have the highest balance(approx $8,000). Once that card is paid off, I think we’ll be on the home stretch of getting all credit card debt eliminated.

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