Pay off CC debt slowly or all at once? - I (29M) have ~9.5k in credit card debt left after having been aggressive the past couple months to paying it off. I’m on track to earn 120k+ this year on 1099. I’ve been of the thought of continuing my aggressive pay down and should be able to pay off this card by end the year, latest early next year. However, I do have an emergency fund (in a HYSA) that has 24k in it. Does it make sense to pay off the debt all at once or continue the strategy I’ve been doing? Note: I will be having to buy/lease a car this month as my current car just became not drivable. Any advice is appreciated! Edit: THANK YOU FOR THE INPUT EVERYONE! I took the funds out of my EF and paid off the card. Personal Finance

Pay off CC debt slowly or all at once? - I (29M) have ~9.5k in credit card debt left after having been aggressive the past couple months to paying it off. I’m on track to earn 120k+ this year on 1099. I’ve been of the thought of continuing my aggressive pay down and should be able to pay off this card by end the year, latest early next year.
However, I do have an emergency fund (in a HYSA) that has 24k in it. Does it make sense to pay off the debt all at once or continue the strategy I’ve been doing?
Note: I will be having to buy/lease a car this month as my current car just became not drivable.

Any advice is appreciated!

Edit: THANK YOU FOR THE INPUT EVERYONE! I took the funds out of my EF and paid off the card.


Shortnsalty 33d

Berkshire is hoarding so. much. cash.

Berkshire is hoarding so. much. cash.
Goldrush_Greg 64d

Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends

Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Stonksurfer42 94d

Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on

Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Moonbagjack 125d

Where does this end up long term with small stocks suffering white giant caps are taking all the coin?

Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Chartwizard_Au 155d

🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...

🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
Tendies_Inbound 1y

#ASX:ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?

Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?