I've been struggling with a decision for a while, and I was hoping to get some opinions from the TBM Fam. My husband has 2 credit cards. At one point I had both of his cards paid off, and now they are both maxed out again. ♀️ I insisted he give me both of the cards, but HE insisted that he needs one of the cards "for emergencies. " Not that he can use it when it's maxed out, but okay. So here I am, trying to figure out my debt payment plan, and his 2 cards have the highest interest rates. The card in my possession ( balance 4, 000 27% int) has the highest interest rate, so I can focus on that one first, but what should I do about the 2nd one (balance 3, 000 26% int)? I'm afraid if I pay off that card he has he will just start using it again. I also have 2 credit cards with lower interest rates (21% and 10%) so I was thinking about paying those off next, but I don't know. Should I leave his for last or just pay it off and hope for the best? I'm hoping that if I can get the other cards paid off, and show him that he doesn't need to have a credit card, then maybe he'll give it up, but who knows.
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