nikiz628
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Post by nikiz628 on Nov 20, 2014 15:44:02 GMT -5
Ok....opinions please....what would you do? I will have $3k to put towards my bills and/or EF. How would you do it? 1. Would you put $1k aside for a small EF and then apply $2000 to pay off the smallest debts? 2. Would you put $1k aside for a small EF and then apply $2000 to the debts with the highest interest rate? 3. Would you put $1k aside for a small EF and then apply $2000 to the debts by payment amount to try and free up most $$ monthly? 4. Apply all $3k to debt and none to an EF....using a credit card as the EF while you work to build one? 5. Would you maybe do a smaller EF like $500 and apply to debt some way? 6. Other options? Here is the info: | Debt | | Account | Balance | Interest Rate | Mthly Pmt | | Macy's | $112.21 | 24.50% | $20.00 | | Home Depot | $386.50 | 25.99% | $25.00 | | Target | $535.67 | 22.99% | $25.00 | | Cap One 1651 | $650.00 | 13.15% | $25.00 | | Cap One 0013 | $973.33 | 17.90% | $30.00 | | Best Buy | $1,005.00 | 21.74% | $30.00 | | Old Navy | $1,527.78 | 29.99% | $70.00 | | Barclay Card | $2,096.73 | 19.99% | $55.00 | | Sears | $2,600.00 | 25.24% | $105.00 | | BofA | $2,910.00 | 14.74% | $70.00 | | Total Savings | $12,797.22 |
| $455.00 | |
Any suggestions will be appreciated. Teachermom If this were me, I would do the following  Pay off: Old Navy $1527.78 Home Depot $386.50 Macy's $112.21 $2,026.49 This frees up $115.00 a month in your budget, and eliminates 3 higher interest rate cards. Take the remaining $973 and put it into an emergency fund, so that you can STOP using the CC's. Take the freed up $115 a month and apply it to the Target balance (on top of the minimum) so that you are paying $140 a month on it, until its gone. (freeing up an additional $25 a month). Once that one is freed up in a few months, you could do one of two things. 1. Start tackling Sears and Best Buy, as they are the remaining HIGH interest cards. 2. Continue snow balling the lower balances, even though they are a lower interest rate. Whatever you decide to do, take the money you are freeing up by paying off cards, and apply it on top of the minimums of whatever you are tackling. And when possible, continue adding to your emergency fund (I know this one may be difficult, but you will be glad you did!) Right now, we are in more of a debt repayment mode then a saving mode...but I make it a priority to take AT LEAST $10 from each check to put into our ef. I hope this all makes sense lol. Good luck!!! |
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nikiz628
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Post by nikiz628 on Nov 20, 2014 15:46:37 GMT -5
Now that I've read others responses to you, I see that a lot of us are in agreement on which cards to tackle first!!!  |
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seriousthistime
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Post by seriousthistime on Nov 20, 2014 19:36:26 GMT -5
Serious this time [2]: 11/21/14 $3,132 (12/9/2012 $11,021 MPT 266)
Hi everyone, good to see that people have made the transition from the old regional threads to this consolidated thread. I have to go back and read the first four pages, but I'm looking forward to getting to "know" some new posters.
I see some Savers here. I hope more Racers will join us on the Savers thread in 2015.
ETA: I will do a longer intro in the next few days. Some of you may know me from the Midwest thread, others from the Savers thread, and others from "way back when" on the MSN boards.
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sealy
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Post by sealy on Nov 21, 2014 0:09:30 GMT -5
teachermom. I'd put $1,500 in EF and then pay off a lot of the lil ones with the rest of the $1,500.
not having an EF will only cause you to recharge the CCs you paid off. I'd have to recheck to see
but wasn't there a bill for your DS's doctor or medication perhaps you should $1,000 EF, $1,000 for
DS's medical, and then pay off as much as you can with the last $1,000.
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teachermom
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Post by teachermom on Nov 21, 2014 10:27:31 GMT -5
Thanks for the input so far. I am writing down the various options and evaluating them. I need to find the one that frees up enough $$ each month to be able to balance my budget because I am in the hole each month....so the snowball probably isn't going to be much. I am also going through things at home (like clothes.....I lost 70 pounds but haven't gotten rid of the clothes....it is time!!) and listing them for sale and trying to get some cash in hand too. I am thinking I will probably go with a $500 EF....pay off all the cards that I can and that will free up the most cash. Then as I sell things....I will first build my EF to $1000 and then continue to add to it a little bit monthly as I pay down other debts.
One thing I am considering is taking the money I have for gas and food, etc for the month, using that to pay off my $650 balance Capital One and then using that card (lowest interest rate but not planning to pay any interest on it) to pay for those things through the month and pay in full each month. I think that will help me control it better....but also help me track the leakage...because when I use my debit card or cash it is so easy to let it go and then be out and use a credit card to fill the gap. Does that make sense? I won't have that minimum payment and that will be paid off each month and then reused. That frees up $25 payment giving me a little more room.
Sealy....I understand where you are coming from and I would love to have more in my EF.....I just have to get to a balanced budget and I am not there....so putting more in an EF won't free up what I need to balance my budget if that makes sense. Also, I am putting all the money from things I am selling in my EF. Sold a jacket last night.....that money is going to my EF. Also, my son doesn't take prescription meds....it is an IV therapy and I already have payment arrangements with them. They know it is going up every other month but they are taking the arrangements with that in mind.
Here is another question I have if anyone knows. I know that you can take withdrawals from your Roth IRA for things like your home, education, etc. Can you take a withdrawal for medical expenses? Not ideal I know but I do have a retirement plan at work (state defined contribution and defined benefit that I contribute extra to) and I have a 403B that I contribute to. Thinking maybe I should stop my contribution to my Roth ($100 per month) and maybe take a withdrawal from it and use to pay down some medical bills. Pros and cons to this? I can always restart contributions once I get in a better place financially.
Exploring all options.....
Teachermom
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snapdragon
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Post by snapdragon on Nov 21, 2014 11:23:00 GMT -5
teachermom - I would not touch the 403B for anything. You get charged early withdrawl fees and you have to pay the money back. You could get bitten by the IRS. You (could) take money that you put into your
Roth IRA. But only principal. I really would be leery of trying to use retirement money to pay for things now. I know it's bad, but you need to think about your future. Could you possibly change your contribution to a lower amount for a while? I would not stop it, just lower the money you put in. I believe it would be too easy to forget that you need to start contributions again.
You could try it. You say you have holes and cash is too easily frittered away or you can't remember what you were paying for so you might at well. I just hope that you are able to find your leaks and get them taken care of.
I would suggest that you close one or two of the cards when they are paid off. Paying 20+% interest on a store card is not smart when you could put it on a lower interest CC if you need to get something.
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teachermom
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Post by teachermom on Nov 21, 2014 11:38:45 GMT -5
I am not going to touch my 403B.....just looking at what I am doing with my Roth IRA only. I only contribute $100 and I think that is the minimum....so may not be able to lower it....only stop it. I have them on my list to call today to at least look at options.
With the Cap One....I would be able to track my spending better. I am going to get a check register and use it to track that card so I know where I am at. Going to keep the receipts too so I can look at the details and figure out where I can cut too. The max on that card is $750. I am limiting my purchasing amount to only what I have budgeted for food and gas for us.
Teachermom
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megaptera
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Post by megaptera on Nov 21, 2014 15:21:47 GMT -5
UPDATE
megaptera: 11/21/2014 $7,943.00 (10/22/2014 $8,424.00)
It's great to see all the activity on the consolidated board. It was getting pretty quiet over in the West thread. 
Hope everyone has a Happy Thanksgiving!  |
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paynointerest
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Post by paynointerest on Nov 21, 2014 21:59:14 GMT -5
Teachermom: I would avoid your plan to take your gas & food money to pay off the Capital 1 card. I think you should take the minimum amount you need for food and gas in the form of cash, stick it in envelopes and once the envelop empty, you will have to get really creative with your food and limit your trips in the car. The best way to monitor spending is to see the cash leave your hand and see the envelopes start to get empty.
Once you have built up an EF of $1500 and paid off most of your other CCs, then you can think about using your Capital One card to pay for daily purchases.
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paynointerest
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Post by paynointerest on Nov 21, 2014 22:07:27 GMT -5
Update! Pay-no-Interest: $86,500.00
I'm still chugging along with my mortgage and it is going in the right direction...down! This has been a good semester this year. I actually got my courses worked out so that my teaching load isn't impossible and I can actually get my administrative duties done during the work day rather than at night and on weekends.
I'm working on my promotion packet now. I have my dossier completed and now I have to put together my portfolio. Such a waste of time! But, I've been told the salary increase will be worth it. I think it will be 8%.
I'm switching to a new health savings plan that in theory should be cheaper for DH and I. If it doesn't work, then I'll switch back next year.
I hope everyone is doing well and has a great Thanksgiving
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nidena
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Post by nidena on Nov 22, 2014 0:14:45 GMT -5
Ok....opinions please....what would you do? I will have $3k to put towards my bills and/or EF. How would you do it? 1. Would you put $1k aside for a small EF and then apply $2000 to pay off the smallest debts? 2. Would you put $1k aside for a small EF and then apply $2000 to the debts with the highest interest rate? 3. Would you put $1k aside for a small EF and then apply $2000 to the debts by payment amount to try and free up most $$ monthly? 4. Apply all $3k to debt and none to an EF....using a credit card as the EF while you work to build one? 5. Would you maybe do a smaller EF like $500 and apply to debt some way? 6. Other options? Here is the info: | Debt | | Account | Balance | Interest Rate | Mthly Pmt | | Macy's | $112.21 | 24.50% | $20.00 | | Home Depot | $386.50 | 25.99% | $25.00 | | Target | $535.67 | 22.99% | $25.00 | | Cap One 1651 | $650.00 | 13.15% | $25.00 | | Cap One 0013 | $973.33 | 17.90% | $30.00 | | Best Buy | $1,005.00 | 21.74% | $30.00 | | Old Navy | $1,527.78 | 29.99% | $70.00 | | Barclay Card | $2,096.73 | 19.99% | $55.00 | | Sears | $2,600.00 | 25.24% | $105.00 | | BofA | $2,910.00 | 14.74% | $70.00 | | Total Savings | $12,797.22 | | $455.00 | |
Any suggestions will be appreciated. Teachermom If you have no EF, $1000 to EF and then payoff Old Navy and Home Depot; use what's left to nearly payoff Macy's. After that, snowball smallest balances until Macy's and Target are gone. Then reassess. Can you transfer any portion of Sears to Cap One 1651 or BofA? Also, just get rid of those store cards once they're paid off--too much interest and too easy to use if you're in the store and have a "WANT" attack. |
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nidena
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Post by nidena on Nov 22, 2014 0:18:30 GMT -5
Now that I've read others responses to you, I see that a lot of us are in agreement on which cards to tackle first!!! I'm a day later than everyone else, and just quoted her post before reading any further, but I ended up suggesting the same thing as well. Great minds think alike. |
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teachermom
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Post by teachermom on Nov 22, 2014 0:57:23 GMT -5
Thanks for all the suggestions.....I took a piece of paper and folded it in 4ths long ways and then in half and am writing all suggestions down in one of the squares with notes like...how much the minimum payments are so I know how much cash is freed up, etc. So far have 5 options written down and evaluating them.
Even if I don't do it exactly as you suggested, please know I am considering all suggestions and really appreciate any input!
Teachermom
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redracerris
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Post by redracerris on Nov 22, 2014 2:57:13 GMT -5
Attention Captains: Update Red Racer Ris 11/21/2014 $80,456 (3/20/10 $145,409 SU220 SPB166 OK/AK)
| Original Amount | Last Month | This Month | Monthly Diff | Total Diff | % Paid | | PLUS Loan | $11,000 | $0  | $0 | $0 | $11,000 | 100% | | SL 1 | $34,236 | $15,384 | $15,035 | $349 | $19,201 | 56.1% | | SL 2 | $31,691 | $26,873 | $26,766 | $107 | $4,925 | 15.5% | | SL 3 | $30,730 | $21,986 | $21,802 | $184 | $8,928 | 29.1% | | SL 4 | $30,088 | $18,167 | $16,853 | $1,314 | $13,205 | 43.9% | | Old SL 1 | $7,664 | $0 | $0 | $0 | $7,664 | 100% | | Total | $145,409 | $82,410 | $80,456 | $1,954 | $64,953 | 44.8% |
| Student Loan 4 | Original Amount | Last Month | This Month/% | | Student Loan 4-A | $1,003 | $0 | $0/100% | | Student Loan 4-B | $4,440 | $3,984 | $2,947/33.6% | | Student Loan 4-C | $4,417 | $4,114 | $4,110/6.9% | | Student Loan 4-D | $1,338 | $0 | $0/100% | | Student Loan 4-E | $1,765 | $0 | $0/100% | | Student Loan 4-F | $2,035 | $0 | $0/100% | | Student Loan 4-G | $2,590 | $271 | $0 /100% | | Student Loan 4-H | $5,500 | $4,116 | $4,114/25.1% | | Student Loan 4-I | $7,000 | $5,681 | $5,681/18.8% |
All right! Student loan 4-G is OUTTA here! 4-B, you're next. September is always a good month, so this is the money left over from that. Now that the wood stove we had to save up for is all taken care of, extra money can now go towards debt. For those who don't know me, DH and I started out in Oklahoma, but moved up to Alaska during our race and I wanted to stay on the South boards. The student loans are the only debt we have, besides the house we just bought in February. For the most part, I follow the Dave Ramsey plan (excluding buying a house in the middle of debt payoff). I use the envelope system and I am paying off smallest to largest because DANG, it took us so long to pay off our first loan and the time between that and the PLUS loan was excruciating. Most of our loans are around the same percentage anyways, so it's not like it would save us a whole lot of money. I needed the small wins. Since Student Loan 4 allows me to pay on certain loans (unlike stupid SL1), I decided to post the break down of that too. There have been ups and downs and this board has helped me through both. Shoutouts: Sam - Glad to hear about the new position! Hopefully you can reach your goal in two years or less to become a SAHM. How's the new little one? Sealy - That car is almost paid off! From experience, I can tell you that it is nice not having car payments. Also glad to hear that your cards have been shredded. My mom got into trouble with credit cards and because of that, I have never had one. Maryland Monroe - You are doing a great job of keeping that cash rewards card at a zero balance. There are not a lot of people who can do that. Nice update! kcladyjane - Looking good. It looks like it's been a long road, but you are in the home run stretch! trojen - I hear you on the overwhelming part regarding student loans. And $1550 a month at one loan is nothing to sneeze at. That is a nice sizeable chunk, even without extra payments. Speech - It's nice to hear that you will be going back to school. You haven't seemed very fufilled/happy with your job in a while. Nidena - Nice to see you! Thank you for your service. It may be up from the last update, but like you said, at least it's down from last month. RockyMtnSaver - A good hard look in the mirror is always appreciated. Forwardwego - Thanks for the Shoutout! Sparks - You are REALLY in the home run stretch, you can definitely do it! Ombud - Welcome. I'm sorry to hear that you're having trouble with your budget, but you are definitely in the right place for help. Also glad to hear that you were excused so you can manage to get some more cash. rr234 - Admitting something like that is the first step to recovery. You will get through this and move on. As long as you don't do it again.  dizzy - Great update! Bankergurl - I love all of the chatter too! This is what really made me love WIRR. Nikiz - You are very close to winning this and I can't wait to see what you do at the beginning of the year! urdoinit - Man, so many of us are within $10,000 of paying off our races, you included. Great job! nodebt42 - Can't wait to see you get that SL uner $20,000 too! More shoutouts later!
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sealy
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Post by sealy on Nov 22, 2014 9:17:50 GMT -5
Does someone have a file they will share for the table? I used to have one but....computer died.  Thanks for the welcome backs! I wrote down all the CC debt last night....first thing I will tackle. I do have some extra money coming on this check....actually quite a bit since they haven't paid me for coaching at all and the season is over....so hoping to put 4 or 5 of my cc's to rest with it. Teachermom Teacher I just used the table that's available here and will edit my post. |
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sealy
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Post by sealy on Nov 22, 2014 9:32:36 GMT -5
Saturday speaking: I've paid lots of "stupid tax" as Dave Ramsey calls it. I am learning a lot. I will figure out a budget. I want to buy one of Daves envelope wallets but it just doesn't seem like I should. I'm still moving in the direction of debt freedom.
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Ombud
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Post by Ombud on Nov 22, 2014 10:22:20 GMT -5
sealy, what's an envelope wallet? How does it differ from a regular envelope?
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teachermom
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Post by teachermom on Nov 22, 2014 11:59:52 GMT -5
It is a like a checkbook wallet but inside are the different envelopes. He has them on his website. On a side note....listed a bunch of clothes that no longer fit (I have lost 70 pounds) and meeting people today to sell some. Have some furniture and other things to list as well....just need to get the pictures taken. All money is going to my EF until I have $1000 and then to debt payoff. Plus side....cleaning up my house, closets, etc.  Teachermom |
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mollyc
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Post by mollyc on Nov 22, 2014 13:12:23 GMT -5
update Nov 21/14 $10,080.00 (June 13/13 $18,975.00 IU, 53)
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movinonup
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Post by movinonup on Nov 22, 2014 13:50:22 GMT -5
Teachermom,
Is there any chance of transferring a balance to one of the Capital One cards? If you can get a 0% rate for a year with a 3 or 4% balance transfer fee, you can save yourself 15-20% interest on the balance that you transfer.
-movinonup
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teachermom
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Post by teachermom on Nov 22, 2014 13:55:51 GMT -5
Movinonup.....I am not sure. Another thing to look into! Thanks!!
Teachermom
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redracerris
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Post by redracerris on Nov 22, 2014 17:27:35 GMT -5
More shoutouts! Amiteraus - You are doing extremely well! Over $10,000 in less than 6 months is awesome progress. Congratulations on the engagement. I think that it is wonderful that you don't want to bring a bunch of debt into the marriage. Keep up the good work! lttlwhitetanktop - You have made a lot of progress on race 2, good going! teachermom - Hang in there! Glad to hear that you are selling some things to build up that mini emergency fund.How much do you currently have in your EF? I would put some of that $3,000 towards that and then just start with the lowest amount debt that you have. Classic Dave Ramsey. However, if that 29.99% rate really bothers you, I would do what others have suggested and pay that one off and then start at the lowest amount until you run out of money. It's all what is going to make it easier for you to sleep at night. However, if at all possible, please cut up all of your credit cards. You don't need them for an emergency fund, that is what you are saving it up for. I have seen a lot of people on here having to come back because they paid off all of their debt, didn't build an emergency fund full up and then came back with more of the same credit card debt. It is possible to live without a credit card, DH and I have and I saw that gidgetc also lives without credit cards. It's all about living within your means - so bringing your income up with that second job you were talking about or bringing your standard of living down. For now, I recommend stopping contributions to your IRA, that's an extra $100 to help with cash flow. Just remember to start them back up when you are finished with the debt pay down. With the medical expenses it can get tough, but you can do it! snapdragon - Nice to meet you! I bet you can totally get down below $15,000 before the beginning of the new year. gidgetc - $80,000 in five years with baring three children, you are doing awesome! I have only done barely $65,000 in four years with no children, so keep it up! oweno - Welcome to the consolidated board! Nice update. dizzyintellectual - I can totally relate to the difference of DH and my idea of housework. When he does dishes...he doesn't clean the silverware.  How are dishes done if the silverware isn't?  momofelliott4 - Great update and nice to meet you. Janie - Nice update! Yay for extra money to throw at debt! Seriousthistime - Woohoo, you are getting so close to paying of race #2! megaptera - Nice first update! Almost $500 blasted away. Pay-no-interest - nice to see you again! Keep chugging along. Hopefully you will be able to get that promotion and 8% raise. sealy - I made up my own version of the envelope wallet. I bought an inexpensive $1 small recipe holder (see below) and put notecards as a divider. Anything that's left over at the end of the month goes into a real envelope that I keep at home.  It's worked well for me for the last five years. I do most of the shopping Have a great Saturday everyone! |
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teachermom
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Post by teachermom on Nov 22, 2014 19:29:34 GMT -5
Redraceris.....right now I have very little...just some "windfall" money had has come in this month.....by that I mean money I wasn't counting on....returned a couple things from a remodel we were doing this summer, thought my blender was broke and had bought a new one but my son fixed it, cash rewards credits on one of my credit cards that was just sitting there, etc...less than $100. I have $10 from a jacket I sold yesterday, meeting someone else to sell some clothes in about 10 mins and will add that, and have a small reimbursement from work coming back this month that was from last month...so will add that. I like the little file you have....they have them at Dollar Tree...little accordion files that fit in your purse....works well. Teachermom Edited to add.....made $70 today selling some clothes. |
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nidena
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Post by nidena on Nov 23, 2014 0:23:53 GMT -5
Teachermom, Is there any chance of transferring a balance to one of the Capital One cards? If you can get a 0% rate for a year with a 3 or 4% balance transfer fee, you can save yourself 15-20% interest on the balance that you transfer. -movinonup My suggestion--as stated, in my original reply--transfer part (or all) of Sears to Cap One or BofA. |
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Minnesotagirl7
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Post by Minnesotagirl7 on Nov 23, 2014 9:16:39 GMT -5
Update! | | 3/18/13 | 10/3/14 | 11/23/14 | Total Difference | | John Deere | $18,140.00 | $5,300.00 | $3,800.00 | -$14,340.00 | | Affinity Plus | $29,792.72 | $0.00 | $0.00 | -$29,792.72 | | BMO Harris | $25,648.96 | $0.00 | $0.00 | -$25,648.96 | | Total | $73,581.68 | $5,300.00 | $3,800.00 | -$69,781.68 |
| Diff Last Post | $1,500.00 | | Total Amt Pd | $69,781.68 | | Total % Pd | 94.8% |
     Still in good shape to pay this off in the spring. This loan is at 0%, so there's no rush. After this, the only debt we'll have is our mortgage. That will be so amazing! Happy racing everyone!!  |
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seriousthistime
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Post by seriousthistime on Nov 23, 2014 12:24:55 GMT -5
redracerris wrote:
Seriousthistime - Woohoo, you are getting so close to paying of race #2!
Yes, I am, and Race #3 is already done, so the next race is Race #4. I can't decide what to include in Race #4, but I have enough empty cards (with zero balances) that I can transfer my existing debt (which is all at 0% for now) to another 0% card so the decision is really not that big a deal.
My backstory:
I have been involved in the WIRR since it was a blog, before it was a message board. MSN and MP Dunleavey were following 6 or 8 women, each with different backgrounds, to see how they went about paying off their debt and living within their means. As I recall, they are pretty much like most folks here, doing the best they can, sometimes doing a great job, sometimes dealing with tough situations, and sometimes just falling off the wagon and paying a gigantic "stupid tax." The 6 or 8 women, and MP, could post messages, but those who followed them could only comment. Then they moved to message board format on MSN, and then to here. I have no idea what happened to the original 6 or 8 women, whether they are here anymore, or whether MP drops in from time to time to see how we're doing.
My XH was the primary financial support, and I was the primary home support. Home support included paying the bills. But he felt entitled to spend as he saw fit, and it was my responsibility to figure out how to balance the budget. You can imagine how that worked. Once I went back to school, got a graduate degree, and started making money, I paid off the CCs, refinanced to a 10-year mortgage, and juggled things to cash-flow our kids' college expenses and put us in good shape for his planned early retirement -- only to find out that he had been having an affair and was leaving to be with her. He was all for telling the kids to leave their 4-year universities and come home (living with me) to community college for two years, then transfer to the state school. It was not the right choice for them, so the negotiations in the divorce were complicated. Finally, I got them protected but I was left with some significant debt. And here I am. And my kids blossomed in a way that would not have been possible had they done what he wanted. And his early retirement? Pfft. His new wife won't let him! He is now well past retirement age.
Now I am responsible for everything in my life. I like it that way. If I overspend, I can only point the finger to myself. If something doesn't get done, it's on me.
I am 3 years from retirement. I am pouring money into my 401(k), including the catch-up, and also into a HSA. Trying to pay off debt while saving as much as I can is a challenge.
I do the smilies and some of the shoutouts for the WIR Savers. Please come join us. There is a place for everyone, even if that means saving $1 per day. Your EF would be increased by $365 if you were to do that, and really, most anyone can work that out. We are kicking around some ideas and tricks to save money, and Savers are thinking about their 2015 goals.
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sealy
Familiar Member
Joined: Dec 22, 2010 2:49:52 GMT -5
Posts: 956
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Post by sealy on Nov 23, 2014 16:16:24 GMT -5
Thanks serious. I have a file like that. I will use it.
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forwardwego
Well-Known Member
Joined: Dec 22, 2010 3:54:23 GMT -5
Posts: 1,400
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Post by forwardwego on Nov 23, 2014 16:58:00 GMT -5
seriousthistimeposted 4 hours ago So the grass that looked so green was actually fake astroturf Minnesota Nice update, down to $3800 @ 0%
teachermom I agree with paynointerest...flowing your expenses through a credit card could really backfire especially at this early stage of your program. It might be better to build your skill of CC avoidance for a while first. Congrats on your update mollyc, You'll be under $10K PDQ Nice update redracerris! You'll be down to the 70's soon! Hola paynointerest, nice update. Good updates for you too megaptera and snapdragon!! Is either of you in the area of Mt Vernon Washington? I'll be visiting my DD there next week. My first time to Washington state, and I'm excited...though I know this Florida gal will be COLD!!!
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Ombud
Junior Associate
Joined: Jan 14, 2013 23:21:04 GMT -5
Posts: 7,602
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Post by Ombud on Nov 23, 2014 17:35:58 GMT -5
I got the job! Even though I need more 'formal' work clothes, I have a hard time shopping right now. I was spending money without even recognizing what I was spending it on up until I found out I had the job at noon, but after noon it was hard to shop. So I'm wondering if I was shopping out of depression? Is that possible?
At any rate my plan is to double up on the car payment until it's gone. I was sort of thinking about doing that before hand but now I'm sure that's the best option for me.
And when I go shopping on Black Friday, I will go with cash only. The 3 grandkids going with me each have an envelope with their separate money. and I'll set one up for me too. Maybe that way I can stay off that stupid charge card.
is there a set time to do updates or is it whenever we've made a little progress?
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nidena
Senior Member
Joined: Dec 28, 2010 20:32:26 GMT -5
Posts: 3,649
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Post by nidena on Nov 23, 2014 17:44:28 GMT -5
Ombud, you can update any time that you'd like. And especially if you need the little pick me up of seeing your numbers in this forum for them to feel "official."
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