I have worked for a successful, thriving, company for several years now and earned over $15,000 worth of profit sharing. The problem is i have $9,000.00 worth of credit card debt. I was thinking about quitting the company i work for then use the profit sharing to get out of Credit card Debt! Just can't stand being in Debt,..can use that money and feed into a saving and retirement account. Always nice to have money saved up for a rainy day or if something were to ever happen then have the means to do something about it. So, my question to you. Is it a smart move to get out Credit card Debt by using your profit sharing?
2007-02-24
21:54:45
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6 answers
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asked by
beat_this_program
1
in
Personal Finance