Discover Card Balance

Most of our July spending is complete and our Discover credit card spending got a little bit out of hand. The goal was to stay under $1000 but as you can see below we are way over that amount. I currently have $500 saved up for credit card payments and an additional $1000 coming in next week. Our goal is to pay off Discover and completely stop using it.



I know we need to stop using credit in order to get out of debt but our lifestyles are very dynamic, we travel, we take vacations, we go out with friends, etc. As they say, we only live once so we might as well enjoy it. Of course I don’t want to live once and end up in debt over our heads so that’s why we will pay this off and move on. The goal is not to use any credit cards in August.

I will post all of the balances as soon as I get rid of Discover.

Check back soon for more debt updates.

HS

5 comments:

Anonymous said...

The goal is to borrow smart and never pay any fees on a balance.

LisaClark said...

The goal is not to increase your debt and credit cards are just little pieces of temptation. The sooner the credit cards go the better (that is what I have found).

debt consolidation said...

There are various financial services in the market that offer credit card debt management for people who are not able to manage their multiple credit card debts. Hopefully people can find the help they need to eliminate debt. Thanks for the info!

Chris said...

You should probably start a little "splurge" fund to prevent things like this from happening. Just keep a fund going for all of your extras.

Becky R said...

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