Back on Track

iVillage Member
Registered: 07-14-2008
Back on Track
1
Thu, 08-28-2008 - 1:20pm
Well, I took at 2 week break from paying down my debt (but I did pay minimum). Today is payday, and I am feeling positive that I will be able to put away my regular installments to put towards my debt. I did use the line of credit to take out $100 dollars to have in my pocket while we were on holidays. But, I did not use it, and have paid the line of credit back. Also, our car insurance payments have decreased by $30 per month, so I am going to snowball that into debt. I predict that on September 10th I will have enough money to completely pay off my credit card. It's 0% balance until January, so I was planning to just leave my money in the bank and earn some interest. However, I am thinking that I may just feel better getting it paid off, and then moving to the next card (also 0% until June 09). I'm proud of my DH and sticking to our plan and getting this taken care of. I just hope once we have no more credit card bills, that we don't get tempted to fall into old habits again (using deferred programs to buy things on credit). Oh well, one day at a time, I guess.





iVillage Member
Registered: 11-17-2007
Thu, 08-28-2008 - 8:16pm

Personally I think you are doing a wonderful job of paying off things. You and your husband should be very proud


Mary Ann