Jump-Start Your Financial Plan With NAPFA
Get your financial questions answered by NAPFA experts: Thursday, June 20, from 1 p.m. to 3 p.m. EST.
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My emergency fund savings is running dry due to a large, unexpected expense. Normally I pay off my credit card bill every month, but if I do that this month I will nearly decimate my remaining savings. What's the smarter move: Pay off the credit card bill and have less cash in the bank? Or preserve my cash and pay off the credit card bill over time? I'm hoping to build my emergency fund back up, but it could take a while.