Because of job loss/poor money management/no self control, I managed to get around $950 in credit card debt, and I currently have no income. Instead of paying the $70 minimum payments between the two each month, I just took out a subsidized student loan to pay it off, and then I will pay back the student loan, so I don't keep gathering interest on the credit cards.
Is this a stupid idea, or a better idea to get out of a stupid situation?
DK/DC: How do you budget your money? Do you use a certain program, excel template, something like that? I'm in need of some money management skills asap.