I have a small balance on a credit card which has 0% interest until March 2015. I have the money to pay off this debt, but I have been holding off because I am earning a bit of interest on it in the bank. Is it OK to have this credit card debt even though I can pay it off since it's not costing me anything?
Also, should I consider this debt for my budget? I have put aside the amount to pay it off and I'm not counting that amount as savings since I know it has to go toward the payment. Thoughts?
Also, should I consider this debt for my budget? I have put aside the amount to pay it off and I'm not counting that amount as savings since I know it has to go toward the payment. Thoughts?
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