I have $9K in credit card debt. I recently quit a position and saved $12K during my 4 years there. I can either keep my money where it is, and if I ever return there or any other Texas state job, my savings and years of service would pick up where it left off. In fact, after 5 years, my money would double. And, since I already have 4 years, in one more year, I would have $24K. My other option is to cash out. There is no guarantee I will ever go back there or any other state job. Plus, I really want to get rid of this debt. If I do cash out, I would have to start at ground zero with savings and years of service. I don't want to be hasty and cash out, since this is my only savings. But, it doesn't make sense to leave the money there, if I have this looming credit card debt. What do you think I should do?
2007-03-04
15:38:43
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8 answers
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asked by
TwinkaTee
6