Should I pay off debt with savings?
Should I pay off debt with savings? I currently have roughly $16,000 in credit card debt. I have about $22,000 saved up in my checking account. Is it the best idea to pay off everything and only be left with $6,000 saved? My housing expenses are roughly $1,700 with utilities included. I have $1,100-$1,200 in other monthly expenses; totaling out to roughly $2,850 total monthly exp...