Crappy news about tax return and ?
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Crappy news about tax return and ?
| Mon, 01-04-2010 - 6:59am |
So, I started our tax return (can file tomorrow), good news is we do get a refund, bad news is its about 2000 less than I thought based on last years. I had such high hopes for that refund. I know it's crazy to let the government borrow my money interest free like that, but that once a year lump sum tax refund does help our situation. I thought I was paying off enough debt (and annual premiums on homeowners and life insurances) to free up about $500/mth from our bill money - THAT WOULD BE HUGE! and still have enough to make sure everything else was current. As it is, I will be freeing up about $200 - paying off my one high interest loan; paying off my account at work, thereby increasing my income by $100/mth, and should be able to have almost everything current (if all goes according to plan). By almost everything, I think only my cable and phone will be a month behind. I feel guilty paying off debt before getting current on absolutely everything, but the extra money in my budget should enable me to get those current soon, and right now we are living in a defecit and this should greatly improve that. So question - Am

Sorry to hear about your situation. It sucks when you think you are getting something and it doesn't happen. Just make sure you double check everything!
I think you are doing the right thing. If paying off these bills will free up $200 a month, thats huge in terms of cash flow. Just promise yourself that you will take the $200 and get up to date on the other bills and then voila . . . problem solved!
(((HUGS))) Here's hoping 2010 rocks for you!!!
Bex -
"Yesterday is history, tomorrow is a mystery, today is a gift -thats why its called the present."
Bex -
FLINGING DEBT: