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Topic | Credit card owners: any debt? |
grimhilde00 03/22/23 6:36:24 AM #22: | I had $10k in debt that I just paid off most of my assets are in stock, and a lot of from an IPO that I couldn't sell until after the stock market crashed last year bringing it down to 30% the original price (which I paid taxes on..) moving cost between $30k-40k all in all (flights, Airbnb for two months finding a flat, shipping stuff over, shipping cat over, furnishing an apartment from scratch, 11k cash upfront for 6 months rent and deposit since no UK credit or guarantor) so yeah put a decent amount on my card and I wanted to rebuild my cash savings since I'm paranoid about having that available. So while maybe it would have been wiser to pay off more (I mean I did some just could have done more) cause interest but mentally I feel better with a good chunk of cash. ah well last week, or week before, my IPO stock got back to the original IPO price so I sold some of that to reinvest and pay off the credit debt it had been rising a lot and the quarterly reports were good so I expected that to go up soon. otherwise I'd start just paying off cash after hitting the amount of cash savings I wanted the amount of interest I've paid the past couple months is much less than what the stock price difference would have been if I sold earlier so eh think it worked out back to no debt now --- kriem ... Copied to Clipboard! |
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