Well, keep in mind if the company is matching you dollar for dollar up to 5%, you aren't earning just 8%ish.
You are earning 108%ish, as every dollar you put in they put a buck in as well, providing that you are either already fully vested or will be fully vested when you leave your job(s).
Gaining 100% sure beats the pants off of paying 15% interest - is there anywhere else you can cut down your monthly output to put more on your credit card, even temporarily?
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Just in case you were wondering...
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