Some of you may remember my post: Dirty Financial Confessions where I revealed how I now have 2300.00 in credit card debt after the holidays and my most recent post-breakup move. Several of you have written to inquire how my credit card pay down was going, or encourage me to continue to share my financial realities and I wanted to tell you: so far so good!
After all was said and done it ended up being close to 2800.00. Oh.Shit.Yikes.
My credit card debt now sits at: 1950.00
I had 500.00 left in pay from working my second job in December, and then I put an additional 350.00 from my budget. I still don’t know how much side income I am going to generate from the blog this month, so the final payoff date is TBD. Obviously, the sooner the better, but I predict I should be able to by the end of March.
The moral of the story? Don’t make me say it again! DON’T USE CREDIT CARDS FOR CHRISTMAS…or..ever, really. Do as I say, not as I do! The credit card pay down is too, too tough.
In the guest post I published about Financial Recovery after the holidays the best tip the author provided was to stop all use of credit cards all together. I’ve been bad about this as well, but you’d be proud to know I finally went to Chase bank yesterday and had my debit card replaced. I’d been writing checks or putting items on the credit card and paying them out of the bank account, but at this point it is perilous to keep up that method, as it is nearly impossible for me to keep track of what is going in and what is going out. I also put all my other credit cards (except for my discover, which has 0% APR for 18 months) into the freezer.
Yes, the freezer. It’s the only way I can keep out of them, if that gives you some kind of clue as to my impetuous nature. I also have some news! I thought January would provide some much needed downtime for me to do site maintenance and finish my entry for the narrative non-fiction contest I am entering. Sadly, things at work and in my life are crazier (in a good way!) than ever, and so I need to adjust my posting schedule. I will now be posting on Tuesday/Thursday/Sunday instead of my regular Monday/Wednesday/Friday schtick until the end of March. If you are also interested in guest posting for me and lightening my content load, I’d be forever grateful and would love to have you post on the site. Just shoot me an email!