We have some money saved up, what should we do with it?? Should we :
a.) put it on the mortgage to pay it down quicker?
b.) put it on the credit line with a 6% interest rate?
c.) Give it to family member for owed money? no interest rate
d.) put it into rrsp?
e.) put it into resp?
f.) pay off computer? 19.5% interest rate
which ones do u think and if more than one then what percent should go to each??
THANKS FOR YOUR SUGGESTIONS!
Current Debate!!
April 18th, 2007 at 03:44 pm
April 18th, 2007 at 04:12 pm 1176912743
April 18th, 2007 at 04:26 pm 1176913608
I worked over the last few years to get out of debt then I started to sock the savings away. The relief at getting rid of consumer and other debts is so nice. I'd excempt the mortgage from this if I had one (not that I do...).
April 18th, 2007 at 04:44 pm 1176914659
April 18th, 2007 at 04:47 pm 1176914872
April 18th, 2007 at 06:41 pm 1176921700
April 18th, 2007 at 08:17 pm 1176927467
April 19th, 2007 at 12:50 pm 1176987013
I would do some very nice things for family members in the meantime.
April 20th, 2007 at 02:25 am 1177035957
April 20th, 2007 at 10:59 am 1177066749
April 20th, 2007 at 12:06 pm 1177070781