I decided to borrow from the college fund to pay off four credit cards with outstanding balances. I'm cancelling automatic withdrawals for auto,homeowners and umbrella insurance policies. I seem to forget to include them in the budget and at the end of the month I find myself scrambling to pay them in full. Just not working for me. Credit Card usage will be at a minimum if we want to save 60% of our salaries. I should be able to replenish the college fund by December. We only have one outstanding balance at 0% for 14 months. We plan to pay it off by then.
September 29th, 2015 at 07:29 am