Women in Red Racers - South Region

[deepintx]

Congratulations on your win goalofzero!!! 

[deepintx]

Yay Speech!  So glad you are going home for the winter and get to spend some quality time with friends and family.  Best of all you get to knock out your debt and have a clean slate.

Speaking of clean slate, where are you?  We miss you!

Love the song forwardwego!

Thanks for stopping by seahorse! I enjoy reading the progress and chatter on the midwest board too!  You are rocking your races! 

[sealy]

CONGRATS TO ALL THE WINNERS ON KICKING DEBTS BUTT!

[snapdragon]

Congrats everyone!

[muffyinthered]

ATTENTION CAPTAINS:  UPDATE

Muffyinthe Red 10/15/2013 $79,296.87 (9/9/08 $128,662.37 S373, SU395, PRO 77, 81, 86, 137) NC
Paid off since joining $49,365.50 Percentage: 38.4%
Paid off this month: $143.19
Medical Bills $835.51 -59.00 = $776.51
CU Savings - $1,444.03

Another slow month.  Trying to save some money for holiday trip back to WI.
Congratulations Goal of Zero and DeepinTx.  Someday I hope to be there and hopefully before I am 70!!!!

Welcome GeorgiaMama this is a great place to get rid of debt and welcome back for race #3 DeepinTX.  That is totally weird that you win and we congratulate you and welcome you back in one post!

Has everyone made a Christmas budget?  We are lowering our spending on gifts because we will be paying for hotels for 2 weeks and the charges for boarding a large dog for that time too. So as soon as I get wishlists I will be able to better figure out who gets what and how much it will cost.

Have a great weekend!

[Deleted]

Hi everyone. 

I'm new and hoping that I can do this correctly. I'm wanting to pay off my debt. It's all credit cards and I'm bad about spending though I try not to be. Currently I'm only able to pay minimums due to my work cutting my hours. Don't know why. They're hired more people but claimed no one would get cut hours, but I've only 25 next week and not my usual 35-40! But here goes.

10/20/13
Reward Zone - $392.77
Best Buy - $57.70
Credit One - $482.75
Citi - $1986.04
Capital One - $577.28
Paypal - $3675.41
Discover - $1790.09
Amazon - $913.86 

Total - $9875.90

I've been wanting to snowball, but with my hours it's almost impossible. I don't have an emergency fund because there barely is anything left after paying the bills! And with Christmas coming up...I'm not sure what I'll do. 

Edit: I'm doing it wrong, so here goes the correct way.

BlueOwl: 10/20/13 $9875.90 (10/20/13, $9875.90, S165)

[mmhmm]

Oct 20, 2013 13:46:03 GMT -5 @blueowl said:

Hi everyone. 

I'm new and hoping that I can do this correctly. I'm wanting to pay off my debt. It's all credit cards and I'm bad about spending though I try not to be. Currently I'm only able to pay minimums due to my work cutting my hours. Don't know why. They're hired more people but claimed no one would get cut hours, but I've only 25 next week and not my usual 35-40! But here goes.

10/20/13
Reward Zone - $392.77
Best Buy - $57.70
Credit One - $482.75
Citi - $1986.04
Capital One - $577.28
Paypal - $3675.41
Discover - $1790.09
Amazon - $913.86 

Total - $9875.90

I've been wanting to snowball, but with my hours it's almost impossible. I don't have an emergency fund because there barely is anything left after paying the bills! And with Christmas coming up...I'm not sure what I'll do. 

Edit: I'm doing it wrong, so here goes the correct way.

BlueOwl: 10/20/13 $9875.90 (10/20/13, $9875.90, S165)

@blueowl, you might also want to take this to the Your Money board.  They're really great with stuff like this and I think you'll get some excellent responses there.

[ՏՇԾԵԵʅՏɧ_LԹՏՏʅҼ]

Hi BlueOwl and welcome.

[forwardwego]

Welcome aboard BlueOwl

Congratulations on taking your first steps toward eliminating debt. (Our captains will need to know which state you live in also.) It might seem you don't have any room to build an EF or start a snowball, but think outside the box. What can you sell? Do you have a change jar? Since your hours at the regular job are less, what can you do in those hours to bring in money? Odd jobs for neighbors or friends, maybe a seasonal job for a store? You say you are bad about spending. Sounds like you recognize you are buying things you could do without. Having a garage sale could help 1)jump start your EF  2) eliminate clutter so you know exactly what you have 3)show how little stuff is worth once the newness and thrill of acquisition are over. As for gift buying, your loved ones wouldn't want you to dig deeper into debt to buy them a gift. You can make great gifts...a letter of your favorite memory with the person. One of the best gifts of all will be for yourself, ditching the stress that accompanies debt. You'll feel better with every paydown, it's going to be so worth it  You can do this!

Congrats on your update Muffy

  Hope all the WIRRs are having a good weekend, and can drop in soon

[redracerris]

ATTN Captains UPDATE Red Racer Ris 10/20/2013 $94,425 (3/20/10 $134,409 SU220 OK/AK)

	Original Amount	Last Month	This Month	Difference	% Paid
Student Loan 1	$34,236	$19,786	$19,438	$348	43.2%
Student Loan 2	$31,691	$28,367	$28,263	$104	10.8%
Student Loan 3	$30,730	$24,588	$24,475	$113	20.4%
Student Loan 4	$37,752	$22,536	$22,249	$287	41.1%
Total	$134,409	$95,526	$94,425	$1,101	29.7%

Woohoo, almost at 30%. Also, we almost have another mini-loan paid off, only $312 to pay it off. I am back to paying off $1,000 a month. We are almost under $100,000 including the PLUS loan that I am not racing. DH just got another pay raise, which will take effect by November. Our EF is up to $2,000 again, and I am over halfway to the saving of $1,500 so I do not have to work this summer. I have cut our phone bill by at least $25 a month ($300 per year)  by cutting off a data package because with my work phone, I do not need a smart phone. So everything is doing pretty well. We will need to get two new tires for DH's car and fix the pin in the steering column, but we should have enough to take care of that. Everything is going well!

Welcome BlueOwl! The first thing to help curb your spending is cut up the cards that are not absolutely needed. Honestly, I would say all of them. That way you cannot spend more than you make. If you must, get a second job so that you can save up $1,000. I follow Dave Ramsey, and these are the basic baby steps: 1) Save up $1,000 while paying minimum payments on everything. 2) Debt snowball, starting with the smallest (with the idea that a small, quick win will give you encouragement to keep it going). So, sell things, get a second job, anything you can to make more money. The most important thing is to NOT put any more money on those credit cards, that is why it is recommended that you cut up the cards so there is no temptation. Hope that helps.

[bramoney]

Hi WIRR, just stopping by to say hello to everyone!

Paynointerest: – Thank you!
Deepintx: Thank you, I am glad you like reading my post!
Forwardwego: Thank you for the shout out in believing in me!
Speekchick71: LOL!!! That video is too funny! THANK YOU for that great shout out! You are the best! I am all for good pay while you keeping an eye out for your dad. I did that a while ago, when my mom was living in New Orleans. Good Luck and take care of family!
Goleofzero: Congratulations! WOW! You did! Yes, that under 10K fits me to a tee, I am looking all cute and stuff.
Seahorse: thank you for the shout out and thanks for peaking in on our board, we always love company coming over!
Forwardwego: you are so creative with your songs! You always make me smile!
Sealy: Hello there!
Snapddragon: Hi!
Muffyinthered: Great update!
BlueOwl – Welcome!
Redracerris: great update!
If I missed someone, sorry about that............Hello!!!!!

[bankergurl]

$50K-$100 Club updated as of 10/21/13! $7,828.28 paid off in the last 2 weeks!
2 Leapfrogs, Chelsea727 and Crazylady both from the Midwest!
Congrats to chaching from the International thread for getting under $70K!
Congrats to trojen3 from the South for getting under $65K and for paying off over $35K
Congrats to Crazylady from the Midwest for paying off over $50K!
www.notmsnmoney.proboards.com/thread/11190/wirr-50-100k-club?page=4#scrollTo=1753142

[forwardwego]

 UPDATE forwardwego (2): 10/25/2013 $11,888.00 (6/19/2011 $36780 SPT64, PB154)

Really excited to be under $12K
 hoping to be under $10K by end of the year


Redracerris Kudos on the update!!! Your groundwork is really starting to "pay off"

 CarolinaKat How are you

GeorgiaMama are you gearing up for your first update?

Goodnight WIRRs , hopefully you will sleep well and have a lovely weekend.

[bankergurl]

$100K List updated as of 10/27/13! $1743.00 paid off in the last 2 weeks!
Congrats to Banker Gurl from the Midwest for graduating from the $100K Club! (YEAH ME!) LOL
www.notmsnmoney.proboards.com/thread/11187/100k-club?page=5#scrollTo=1759013

[deepintx]

** UPDATE ** deepintx(3): 11/1/13 $12,000.00 (10/11/2013 $12,211.75 PB163)     
    

	10/11/13	10/11/13	11/1/13
Kitchen (0.0%)	$12,211.75	$12,211.75	$12,000.00
Balance Total	$12,211.75	$12,211.75	$12,000.00
Difference/month			$211.75
Difference Total			$211.75
EF	$825.00	$825.00	$850.00

    

[deepintx]

Hi Everyone!

Well we are hoarding money for the next couple months because my husband just accepted a new job and we want to have extra in the account through the transition until we know when and what his checks will be like.  We are super excited about this job though and I think he will be able to make alot more money and have alot more job security.  He is giving a month's notice so he won't be starting his new job until December 1st so we probably won't start really racing again until after the first of the year.

Hope everyone has a great weekend!

[jdnstl]

UPDATE

Sept 1 13           Nov 1 13
CC1 – 0.00          0.00
CC2 – 0.00          0.00
CC3 – 0.00          0.00
CC4 – Closed
CC5 – 1000.00    940.00
CC6 – 4300.00     4150.00
CC7 – 0.00          0.00
Auto1 – 0.00       0.00
Auto2 – 0.00        0.00
TOTAL- 5,300.00   5,090.00 Difference of -$210.00

EF/Savings – $3,000.00      $2,640.00 Difference of -$360.00
jdnstl: 11/1/13 $5,090.00 (1/9/08 $40,366.26 S34)
Total ptd - $35,276.26
Percent ptd – 87.39%

hi everyone. we made it back from Tunisia & had a fabulous time. we rode camels on the beach & my 5 year-old contnually said "this is awesome!!"...i don't think i'll ever be able to beat that b-day present.

i've been paying minimums because of saving & paying for the trip & stuff for the trip. i've also still been trying to adjust to my new income level. i didn't do a good job adjusting while on unemployment & had some non-racing CC debt i needed to catch up on. once the car was paid for i needed to adjust with increased health insurance (paying for me & son & not being covered at work). it's been challenging & i haven't had consistent net amounts on my paychecks.

BUDGETING IS ESSENTIAL to win the debt race.

[bankergurl]

$50K - $100K List updated as of 11/3/13! $9,719.03 paid off in the last 2 weeks!
Welcome to FBprincess and Banker Gurl, both from the Midwest!
One Leapfrog, dschmidt1007 from the Northeast!
Congrats to Wudnit from the Northeast for paying off over $95K and over 55%!
Congrats to dschmidt1007 from the Northeast for paying off over $15K!
www.notmsnmoney.proboards.com/thread/11190/wirr-50-100k-club?page=4#scrollTo=1766004

[speechchick71]

Nov 3, 2013 14:05:48 GMT -5 jdnstl said:

BUDGETING IS ESSENTIAL to win the debt race.

You said it!  That IS a huge component!

The trip sounds like it was fabulous.  The memories will be one to last a lifetime!

[debtvctm]

Hi Everyone, I am new to this and I have three cards I want to pay down. There are more but I want to focus on these three to report. I will be calling this my Race #1.

debtvctm: 11/07/13,  $34,751 (11/07/13 $34,751,  S164)

CC-Chase M    $15,682

CC-Chase S     $15,069

CC-FRNTRE     $4,000

[forwardwego]

welcome aboard debtvctm

It's good to see you. It was helpful for me also to break the debt into manageable sections. The boards have been kind of quiet lately, but please feel free to ask questions or post as often as you'd like. We're all in this together and want to see each other get out of debt. So what's your plan other than breaking it down into phases? Also, our captains need to know which state you live in . You are in the right place for ditching debt and you can do it!!

[bramoney]

Update: 11/07/13 $9,955.00 (7/20/07 $33,441.00 N3848)
Greeting WIRR;
Howdy racers and racing fans! The tracks look dry and the cars are ready to go ready, so let’s run this race!!!  Let’s end this year with a big bang! Mind will be more like a Turkey Trott, but a race is a race, right? The house is getting a little more work on it, the sub-floors are being put in by my husband and younger son. Yea! I hope they get the cabinets put up in the kitchen by this weekend along with the bathroom tub enclosure and tile floors one more extra person this week to help. That would make me happy, happy (Duck Dynasty) ha, ha! I will be working on putting the covers on the electrical wall plugs and light fixtures switches. Well, that’s all for now, not really but that my story and I am sticking with it! Till “Debt do us part”, later.

Forwardwego: Great update, congratulations on being under $12K…..the race is on!
Deepintx: Great update!
Jdnstl: Great Update! Your trip update, sounds like you had a really good time!
Debtvctm: Welcome to the race!

[nasagreen]

wow - i'm such a slacker!  three winners, you guys are astounding!  congrats to everyone

nasagreen 11/8/2013 $77,272.42 (7/21/07 $144,371.69)

That is a difference of -$1,997.39 since my August update.  Sorry I'm soooo late!  We were really bad in October, went on a "babymoon" trip to St. Augustine with our toddler to have one last three-person family experience before the baby comes and the holidays hit.  It was worth it.  But of course our credit cards are still really hurting us.  It is hard being in the phase where you are paying more down on loans than on credit cards.  We are 46.5% paid off.  I cannot wait to see 50%   After 6 years, it will really be worth it.  I hope the other 50% doesn't take 6 more years

i'm still here...38 weeks preggo and tired as all heck.  speechchick is taking over for me as the main captain for a while so my slacking doesn't effect the updates!    But I do have some big news!!

PAID OFF THE TRUCK! - The payment each month was $735.68 so this is really really really exciting.  So happy I did it before December as well, which means I kept to my original plan.

[debtvctm]

Thank you Bramoney and ForwardweGo welcoming me in here. I am going to be reporting in from Kentucky, Fort Knox to be specific. My plan is to pay off the Chase cards simultaneously and put a little over the minimum monthly into the third card. I can't sleep good with all this debt. I really need to get a handle on my finances. Anyways, I plan to put down more than two thousand into the two chase cards this month. I have some savings I've been hanging on to while my cards went over the limit and my minimum for the two chase cards together are more than $2,000. This is really freaking me out. Ladies please do pray that I can get out of this mess. Thank you very much. I am so thankful to have found this board. Just what I need right now. All the pay downs I read in the threads give me hope.

[debtvctm]

Ladies and gents. I meant.

[forwardwego]

UPDATE forwardwego (2): 11/08/2013 $11,000.00 (6/19/2011 $36780 SPT64, PB154)

Really excited to be 70% paid,
& with this update we've zeroed out DH's dental expense

[sealy]

debtvctm slow and steady before you know it 
we'll be congratulating you on winning your race.

nasagreen congrats on getting your truck paid off.

jdnstl wow you are doing very good.

I'm visiting other regions to get motivated.  My 
region is awesome. I just wanted to see how the
rest of y'all are doing.  

All of us Women in Red Racers are doing a fantastic job.
I appreciate the motivation, support, and encouragement
I get here.

Keep up the good work.

[debtvctm]

Way to go forwardwego! I can't wait to feel your shoes at 70% debt pay off.

sealy, thank you for visiting our region and I will check out the other regions as well to pull some motivation from there as well.

Below is my first update.

My Chase card payments have been updated and one card is brought down slightly below the Credit Limit while one is still about $500+ above the credit limit. I will aim to bring it down to below credit limit within the next two weeks. Thank you.


debtvctm: 11/09/13  $31,592 (11/07/13 $34,751,  S164)   
  

Credit Cards	PREV Balance	Payment	NEW Balance
CC-Chase M	$15,682	$1,900	$13,782
CC-Chase S	$15,069	$1,259	$13,810
CC-FRNTRE	$4,000	0	$4,000

[dimplesnlj]

ATTN CAPTAINS: UPDATE DIMPLESNLJ $30,494.78 (1/2/2010 $46,431 SU21, SU26)

I finally have a 0 on a credit card! Yesterday, I paid off my Discover card. I was waiting for it to post today before providing my update, so here goes:

Discover         $0 (Last month balance was $820.19)

AMEX              $8580 11.97% APR

Citi                  $11,367  9.9% APR on ~$9000; 3.99% APR for the remaining balance until paid off. *Note: Last month, my APR was at 14.25%; called and asked to have it lowered, and they did so.

Wells Fargo     $10,547.78 9.65% APR

[forwardwego]

Thanks for the shoutout debtvctm, and nice first paydown 4 U---> over 9% yahoo!!!  
It's gonna feel so good when you reach your next mini goal of getting that card under the limit. You know one of the harder things is adding it up and looking at the numbers, but after a few updates you'll begin to feel better. The debt $$ gets smaller, the paid $$ gets bigger. Each update shifts you more and more into control. (BTW Do you have an emergency fund?, It will help insure that your "paydowns stay down").


Will be back a little later to send some more well-deserved shoutouts