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Posted: 1/6/2006 1:09:35 PM EDT

We just found out that my wife's tuition assistance ran out this term, with only $120 left. Thank God it's her last term. So, now we have to decide:

(1) KILL our savings, since that's about exactly what we have in it
(2) Charge it and pay it back immediately upon her getting a job
Link Posted: 1/6/2006 1:13:21 PM EDT
There is an alternative option....but I won't say....

Just joshin with ya....

Well, if you'll both be working when it done...kill the savings and replenish...the credit card has too much temptation not to pay it back immediately....
Link Posted: 1/6/2006 1:18:17 PM EDT
Try to hang on to the savings , no matter what . If you have to borrow it , try
a Credit Union or even your bank . They may have a better rate than a
credit card . Just make sure there isn't a penalty for early pay off . A thousand bucks isn't
a huge some of money . You should be able to scare it up . Hell , sell your blood twice a week .
About six months and your free and clear .
Link Posted: 1/6/2006 1:32:19 PM EDT
Yes. When my last international parts shipment cleared US Custom's .
Link Posted: 1/6/2006 2:23:22 PM EDT

You need some cash reserves. You may have to finance this one. I'll give you $100 a piece for any AR type rifles you have
Link Posted: 1/6/2006 3:04:20 PM EDT

Originally Posted By Rustygun:
You need some cash reserves. You may have to finance this one. I'll give you $100 a piece for any AR type rifles you have



what about a shot-out hi-point
Link Posted: 1/6/2006 3:07:31 PM EDT
Yeah, when I got the flyer from SOG advertising their C&R Finnish Lugers.

Link Posted: 1/6/2006 3:09:28 PM EDT
Talk to the bank about a promisory note. You can get the money now with no payments, and it'll be due in a year, at which point you should have set that money aside in case she doesn't have the job yet.
Link Posted: 1/6/2006 3:13:25 PM EDT

Originally Posted By BeetleBailey:
We just found out that my wife's tuition assistance ran out this term, with only $120 left. Thank God it's her last term. So, now we have to decide:

(1) KILL our savings, since that's about exactly what we have in it
(2) Charge it and pay it back immediately upon her getting a job



I signed up for two classes.
Got the bill in the mail yesterday. Due before classes start.
$3500. For 2 freak'in classes.

I have applied for a credit card with a 12 month zero interest introductory rate on
balance transfers.

The school charges an additional 3% if tuition is paid with a credit card.
So I will write a Discover Card check for the amount, then do a balance
transfer to the card with zero interest.

Paying $3500 in 12 months shouldn't be a problem. *crossing fingers*
Link Posted: 1/9/2006 8:59:14 AM EDT

Originally Posted By The_Reaper:

Originally Posted By BeetleBailey:
We just found out that my wife's tuition assistance ran out this term, with only $120 left. Thank God it's her last term. So, now we have to decide:

(1) KILL our savings, since that's about exactly what we have in it
(2) Charge it and pay it back immediately upon her getting a job



I signed up for two classes.
Got the bill in the mail yesterday. Due before classes start.
$3500. For 2 freak'in classes.

I have applied for a credit card with a 12 month zero interest introductory rate on
balance transfers.

The school charges an additional 3% if tuition is paid with a credit card.
So I will write a Discover Card check for the amount, then do a balance
transfer to the card with zero interest.

Paying $3500 in 12 months shouldn't be a problem. *crossing fingers*



now that's steep
Link Posted: 1/9/2006 9:03:33 AM EDT
Sorry to hear that dude. Unexpected expenses are a real bitch.

Dave Ramsey and that crowd recommend having an "emergency" fund containing 3-6 months worth of expenses, in a money market account. Unexpected medical bills, car repairs, home repairs, etc. can all hit you without any warning.
Link Posted: 1/9/2006 9:10:52 AM EDT
What you owe minus what you got is WHAT YOU REALLY GOT.

All the rest is psychological, ...so whatever ...get a little loan or spend your savings...only you know what is the best way to do it..
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