Snake Debt

[Annarose15]

The key is to have a payoff plan. And it sounds like you do. 2500 isn't really a lot in the CC debt would. If you have more I'd say go for a debt consolidation loan from your bank to pay off the CC and then you have a structured plan with a low fixed interest.

$2500 on it's own isn't terrible, but that goes south in a hurry if you are a homeowner. A new roof, hot water heater, air conditioning, dishwasher, oven, lawn mower, etc., raise that in a hurry when they break unexectedly. Personally, I went through all of those in the course of just the last two years and still never hit $2500 on a cc. My rule is to never let my cc debt exceed my savings account, and never exceed $1000 for anything non-emergency.