Did you have a "panic amount" moment?
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|Tue, 06-03-2003 - 8:07am|
I don't think I had a panic amount per se because I had never actually totalled all the debt. I did have one line of credit bill coming in at $17,500 and that *really* bugged me, so I'm thinking an amount over $15,000 was uncomfortable. One cc at about $12,000 sorta bugged me too, but there was no real panic. I think rather than panicking I had a moment of realization that I was just sick of juggling money from one account to another to cover regular bills.
I also think that working in the accounting field before being a SAHM hindered rather than helped me. I was very used to massive lines of credit (like $1,000,000) being "a cost of doing business" and very much accepted. Maybe that's why I didn't panic at my bills.
So... did you all have a "panic moment" that woke you up that things needed fixing? Curious here. FYI my new accepted amount of debt is $0, I will never borrow again, never!