Money Matters
sunrise135
member
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Refund Question
Okay I found out today that we are looking at getting nearly 2000 back this year in refunds.....My question is what should we do with it.....I have a 600 credit card balance a 2,000 and DH has almost 4,000 (lowest interest rate). I know that this isn't good, but when it comes between food/house over your head while having major medical issues, it wasn't an option.
I am thinking of putting about 500 of it in an "emergency fund" and paying off the 600 credit card, then put the remainder as a big chunk out of the 2,000. Then that way, we have a base for the emergency fund, and we have one card paid off (will NOT use it after being paid off) and then the min payment on the 2,000 will be much more manageable per month.....It will be easier then to put money aside of the emergency fund, and start chipping away at the other debts (ie the large credit card, student loans).
Does this sound good, or what would your suggestions be? Thanks.
Re: Refund Question
How high are the CC interest rates?
Any chance in transferring the balance of the higher rate one to the lower rate one?
How much per month will you add to your E-fund to build it up beyond a few hundred dollars?
Do you have any savings at the moment?
If not, I would definitely save a large chunk of it. All or at least $1k.