That's not very good, I must definitely do better in March! Of course, this month isn't quite over yet, so I still might manage one more. I rather doubt it, but we'll see.
I spent this evening trying to figure out how much I will need to pay each month, minimum, on each of my credit cards in order to pay off all my CC debt by the end of 2010. Very sobering exercise. It's going to require about $550/month, which I am not at all sure I can do consistently and still stash money away each month for periodic expenses such as car repair, clothing, gifts, etc. Well, at least I have a solid guideline now; if it doesn't work, I will just have to tweak it! And I plan on calling some of the CC companies several months from now and asking them to lower my interest rate; I'm waiting until then because I want to establish a better payment pattern. Hopefully I will be successful, which will definitely help me get this debt paid off sooner! I seriously don't even want to think about how much money I have paid credit card companies in interest and fees over the years. Sickening.
Only 2 no-spend days this month??
February 27th, 2008 at 06:03 am
February 28th, 2008 at 02:45 am 1204166745