{"id":678532,"date":"2010-03-01T09:29:56","date_gmt":"2010-03-01T14:29:56","guid":{"rendered":"tag:consumerist.com,2010:\/\/1.10002679"},"modified":"2010-02-28T22:39:52","modified_gmt":"2010-03-01T03:39:52","slug":"would-you-rather-have-a-savings-cushion-or-get-rid-of-your-debt","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/678532","title":{"rendered":"Would You Rather Have A Savings Cushion Or Get Rid Of Your Debt?"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/consumerist.com\/assets_c\/2010\/02\/debt-thumb-158x118-37569.jpg?w=780\">         <\/p>\n<p>Personal finance blogger Debt Ninja writes that he has $22,000 in savings, and <a href=\"http:\/\/www.punchdebtintheface.com\/2010\/02\/change-blog.html\">isn&#8217;t sure<\/a> whether to use the majority of that to blast away his $15,000 debt. On top of that, he&#8217;s got a wedding and honeymoon to save up for.<\/p>\n<p>He writes:<\/p>\n<blockquote><p>Situation Uno: You could have $20,000 in savings, but also have $15,000 in mid-interest debt (7%).<\/p>\n<p>Situation Dos: You could have $5,000 in savings, but zero debt.<\/p>\n<p>I&#8217;m currently sticking with situation uno. I have $22K in the bank and a little over $15K in debt. I could pay off my student loan tomorrow, be truly debt free, and still have a small emergency fund. I chose not to. Dave Ramsey would be pissed! My blog&#8217;s title is Punch Debt In The Face, but by choosing to remain in debt, perhaps I should change the name to Punch Debt In The Face When You Feel Like It. It doesn&#8217;t quite have the same ring, does it?<\/p>\n<\/blockquote>\n<p>Most debt-conscious savers find themselves in such a conundrum at one time or another. What would you do in Debt Ninja&#8217;s situation, or what have you done when facing similar circumstances?<\/p>\n<p><a href=\"http:\/\/www.punchdebtintheface.com\/2010\/02\/change-blog.html\">Do I have to change the name of my blog?<\/a> [Punch Debt in the Face]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Personal finance blogger Debt Ninja writes that he has $22,000 in savings, and isn&#8217;t sure whether to use the majority of that to blast away his $15,000 debt. On top of that, he&#8217;s got a wedding and honeymoon to save up for. He writes: Situation Uno: You could have $20,000 in savings, but also have [&hellip;]<\/p>\n","protected":false},"author":2903,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-678532","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-2Qw4","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/678532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/2903"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=678532"}],"version-history":[{"count":0,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/678532\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=678532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=678532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=678532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}