Comments on: Monthly Update: June 2007(-$61,441.11, +$4,581.91) http://www.debttodreams.com/2007/07/10/monthly-update-june-2007-2/goals-and-monthly-updates/ The Journey of a Young Physician from Educational Debt to Financial Independence Tue, 14 Oct 2008 02:04:06 -0700 hourly 1 http://wordpress.org/?v=3.0 By: Dr. T http://www.debttodreams.com/2007/07/10/monthly-update-june-2007-2/goals-and-monthly-updates/comment-page-1/#comment-85 Dr. T Mon, 13 Aug 2007 20:46:02 +0000 http://www.debttodreams.com/2007/07/10/monthly-update-july-2007/goals-and-monthly-updates/#comment-85 Given the current market conditions, cash isn't too bad of a place to be. All of my credit card debt is NOW at 0% interest. By parking my cash in an online savings account and only paying the minimum until the 0% offer runs out I am able to make a couple of pennies thanks to the credit card companies. It wasn't always this, just over a year ago I was needlessly paying 19% on a credit card balance because I didn't have the financial intelligence to get myself out of that situation. I'll will remain cash heavy for a while, I'll explain in my next monthly update. Given the current market conditions, cash isn’t too bad of a place to be. All of my credit card debt is NOW at 0% interest. By parking my cash in an online savings account and only paying the minimum until the 0% offer runs out I am able to make a couple of pennies thanks to the credit card companies.

It wasn’t always this, just over a year ago I was needlessly paying 19% on a credit card balance because I didn’t have the financial intelligence to get myself out of that situation.

I’ll will remain cash heavy for a while, I’ll explain in my next monthly update.

]]> By: Dr. A http://www.debttodreams.com/2007/07/10/monthly-update-june-2007-2/goals-and-monthly-updates/comment-page-1/#comment-83 Dr. A Mon, 13 Aug 2007 13:41:01 +0000 http://www.debttodreams.com/2007/07/10/monthly-update-july-2007/goals-and-monthly-updates/#comment-83 Why so much cash??? Why not just pay down the credit cards? Why so much cash??? Why not just pay down the credit cards?

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