I'm in about 9k in credit card debt
Not crippling
But still lingering
My portfolio is about 15k
Do I do the smart thing and pull out the 9k and pay off my debts
Or do I let it ride because that 15k will inevitably grow in the next couple years
The credit card payments are manageable and aren't really hurting my day to day life
But I would also like not having those payments
What do?
I'm in about 9k in credit card debt
wtf, user
you should never be in debt, always pay off loans first
This is the thinking of idiots who don't understand the concept of leverage.
If OP has enough money to survive and continue paying off his monthly payments, pulling out $9k of crypto would be one of the worst decisions he could make. He would most likely kill himself when he realizes he could've been pulling out $90k EOY.
that is kinda the reason why im thinking of just letting it ride.
i make enough to still pay bills, pay those cards, and live happily
just knowing that balance is there sucks
Clearly you made up your mind before asking, you do you
I have 1k cc debt and 25k in crypto. I'm gonna pay it back when I hit 50k on the recovery up to ath. I think maybe may5 if everything goes as it should.
Similar situation and I'm just letting it ride in crypto
The plan is to pay it off once the debt is
Pay debts in case crypto tanks. You still have 6k.
OP I was in the exact same situation, same portfolio value and debts
seriously pay them off now, I wish I would have done the same thing
now I'm left with a 1k portfolio and 9k debt I'll have to wageslave my way out of
please OP, listen to this user you don't realise how lucky you are until you lose it
save your future self the regret of losing it which will far outweigh the regrets of cashing out early, trust me
also see