Good evening. So, I have in total, about 3k in debt, 4 major credit cards... not too shabby (I think) and as of just recently I got the idea to buy a Kawasaki bike, something small, like a 250 ninja, of course with all the right and protective accessories. How am I going to do this? What do you guys suggest? Pay off the credit cards completely, pay them half way, or get one big loan in half a year and pay off the cards and buy the bike? Any help would be appreciated. Thanks.
3k in debt... want a bike!?
Depends on how your interest rate is. I assume since it is a credit card it is above 10%. The smart thing is to pay it off and then get a bike. Also think about buying a used one to save a little bit of money ( they%26#039;re a lot of people who buy bikes that lack financial responsibility so pick one of those up from craigslist or the paper). Also if you are going to buy a bike why buy a 250 when you could get a 500 or 600 which you can grow into or at least have a decent amount of power.
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