It's been a while since I've written on here. I've had some ups and downs since then. I've managed to finally stop using my credit cards, even though it's only been about a week and a half. I have $112 in a savings account linked to my checking for small emergencies. It's thanks to Keep the Change, the program that Bank of America does. After a year you get so much of the money that you've saved back. It's pretty cool. All of this probably sounds kind of pathetic to some people, but for me it's a big deal. I sat down with my therapist and came up with a plan to pay down my credit cards. I admit I haven't started that yet because I wanted to build up a small cushion in my checking and/or savings account so that I won't start using my credit cards again. But I've figured out that with just $300 a month extra paid on my cards I could be out of debt in 3 years. That's without getting the interest rates down on some of my cards that are at 29%. I plan to do that soon. Also if I pay more I will get out of debt sooner. I also got a deferment on my student loans until July so that I could get caught up. The only major extra expenses on the horizon are taxes, a vet bill for one of my cats in APril, and a plane ticket home for Memorial Day weekend. I think I'll still be able to start my plan in spite of all that. I'm hopeful that this is all going to work out.
so far so good
March 5th, 2007 at 10:59 am