Will someone please hold my hand???

iVillage Member
Registered: 04-22-2003
Will someone please hold my hand???
8
Wed, 12-22-2004 - 8:00am

I"m about to spend my entire bonus on paying down my Capital 1 CC. $1500 and I'm about to have a heart attack. I keep thinking...what if something happens and I needed that money??? AGH!!
I have learned to really dislike money. X-P

slojuly

Avatar for cl_beckymk
iVillage Member
Registered: 03-19-2003
Wed, 12-22-2004 - 9:02am

Holding out my hand for you!!!


Deep breath - You can do this....

iVillage Member
Registered: 04-22-2003
Wed, 12-22-2004 - 9:10am

I did it. I can't breathe. I need a paper bag.

iVillage Member
Registered: 07-08-2004
Wed, 12-22-2004 - 9:12am

Woo Hoo, great job!!!!!!!!!

I think you did a great thing, hang in there.

Avatar for sohappilyme
iVillage Member
Registered: 03-26-2003
Wed, 12-22-2004 - 9:32am
Congratulations on taking that leap!
Sarah
Avatar for mymartes
iVillage Member
Registered: 03-26-2003
Wed, 12-22-2004 - 10:45am

slojuly,
imo, that's bonus money.....i would do the same thing as you. I would put it toward the credit card. you will be saving in interest.

hang in there, girl.

MYM

iVillage Member
Registered: 05-26-2003
Wed, 12-22-2004 - 4:57pm

Slojuly, you did the right thing! I know just how you feel! Dh and I discovered Dave Ramsey and his Total Money Makeover Plan last year, and decided to be brave and follow it. He suggests you get $1000 in the bank as an emergency fund and then use all other savings and extra money to pay off debt. We did that in September. We paid off $5000 in debt in one week. That was 5/6 of our savings ($6000 minus $1000 emergency fund). Boy, was that scary! I couldn't breathe for two days! But, it was SO worth it. We will be out of debt 30 days from now, and it will feel so good. Good luck to you, too!

Elizabeth

 
iVillage Member
Registered: 03-29-2003
Wed, 12-22-2004 - 11:28pm
You go, girl! Trust me, you will be so happy when you see your statement next month!!


Kimberly



iVillage Member
Registered: 04-22-2003
Thu, 12-23-2004 - 7:38am

Thanks, all, for the support! I checked my balance online this morning, and it really IS amazing to see my balance is so low! I can't wait to get that monkey off my back for good.
I'm sure I'll get through it....it's just so odd to almost have all that debt paid off. I haven't had a CC balance so low in yearsssssssssssss.

cheers!
slojuly