CITI Cards

Quick update on CITI, the Professional Card still 0! and the Premier Pass card is down to $6,114, which won't last long, next statement they will add another $55 or so. I hate this debt, probably stuff from years ago that I'm still paying on today!

Maybe the government will do another stimulus package? if so that could bring the balance down to 5,000. Keep dreaming...







I hope everyone is having a good weekend, enjoy October.

HS

PineCone Research

PineCone Research is looking for new members, these links are hard to come by, so sign up now! PineCone pays $3.00 per survey and they seem to be the most reliable company out there. They also send out products for testing with follow-up surveys (additional $3.00). I've probably made $50 with them so far, all going to my high yield savings account.

Do you know of households that would like to join the PineCone Research Panel? If so, please FORWARD A COPY of this email to each household you would like to refer so that they may click on the registration link shown below. That household should complete the registration form themselves and submit it. REMEMBER THAT ONLY ONE PERSON PER HOUSEHOLD MAY REGISTER. Multiple registrations of the same Household will void all registrations.

Here is the link to the registration:

http://www.pineconeresearch.com/signup/ds526RRDS1.asp

While this is not a paid referral program, we genuinely appreciate your help in spreading the word that PINECONE IS GROWING!

Enjoy,

HS

Murphy Came By

My goal for October was to have Best Buy paid off but Murphy decided to stop by and may be staying for a while. For those of you who don’t know Murphy, it’s a term used in the debt community when you’re trying to get out of debt. The term is related to Murphy’s Law which states “"if anything can go wrong, it will."

The wife called me yesterday and said that the AC was not cooling the house so I called the tech today, and it turns out we need a new compressor. He quoted me $4,000! So I’m going to shop around and see if I can buy one online and hire an independent contractor to install it.

Murphy will probably delay my debt reduction until next year. My only fear right now is something else going wrong such as the car breaking down or the washer, dryer etc. Keep in mind I need to pay my home owner's fees next month, I belive the amount for this year is $900.

Happy Friday and have a good weekend!

HS

CITI Balance

When I need some motivation to continue our debt journey I tend to look back at old statements from CITI. I am amazed to see how large our balance was and what we used to pay in interest. Below is a statement from Dec 2006. The rate at that time was 14.240% and the balace was close to $15,000! The finance charge for that month was $182.09 all in one card!

Check out the minumum amount due, that's more than my highest electricty bill! There's still $6200 to go, I can’t wait to see this card with a zero balance.

I hope everyone is havinga good weekend.

HS