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Is it worth paying off high interest CC debt if it takes my EF down to <1 month?
Is it worth paying off high interest CC debt if it takes my EF down to <1 month? I have about $20k in CC debt at 16% interest. I have cash savings to pay off the whole thing, but it would take my emergency fund down to < 1 month. My wife and I both work, and would be able to get it back up relatively quickly (by the EOY). Worth it? submitted by /u/Ancient_Signature_69
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