No plans to pay this off this year, with the holidays coming up and our HOA dues we've decided to put this off until 2010. Our goal then is to stop using the credit card and pay $500 a month.
I will have some more of our bills later on this week.
HS
Menu Monday
3 hours ago
8 comments:
yikes. It's good to have a plan.
But why not budget for the things that come up and just spend cash?
Things do come up....but going out with friends is a luxury. It is ok to say no.
A six-digit income and no kids in Texas and you can't get your credit card balance under control? Either you are extremely house poor, or you are spending WAY beyond your means. Either way, you need to reevaluate. How much are you saving towards retirement? My hubby and I will earn a combined total of about $66k this year, and we received a gift from his parents of about $13k, bringing the grand total to $79k. With that sum, we managed to: (1) buy a $16k car in cash; (2) pay off $2500 in student loan interest (above and beyond our monthly loan payments of $300 a month); (3) contribute $17k to our retirement accounts; and (4) send my husband to Mexico as part of his masters' program for $4k over the summer. We also spent $1k on plane tickets to Miami for a friend's wedding and took a $2k vacation to Canada. How did we do it? We choose what we want to spend money on, and then we live the rest of our life EXTREMELY frugally...
It was very interesting for me to read the article. Thank you for it. I like such topics and anything connected to them. I definitely want to read more on that blog soon.
You seem well-educated, but you are willfully ignorant when it comes to money.
You cannot afford anything that you do not have cash in hand for. There is no question about that. You don't have the cash, you don't buy it. Or rather, you shouldn't.
The last two years of this blog prove that you cannot manage your spending when the temptation of a credit card is in your wallet. Without fail, you borrow from your future to buy toys for today. There's no shame in that, hell, most folks are like that.
But if you don't want to be in debt, there is a really simple solution. Stop using the credit cards.
Say no to yourself.
Grow a proverbial pair.
You don't like the way your home cooking tastes? Google cooking shows and learn FOR FREE how to cook well.
Don't make excuses, make changes.
Things come up? Friends want to go out?
You sign your name to those charges. You dig the whole deeper every time you use them. Remember how you felt when you were laid off? What makes you think you are any more secure today than you were then?
I am so frustrated after reading your blog. Are you frustrated with yourself?
Dogfood Provider- from experience, I know this particular blogger ignores the people who attempt to make him change. He doesn't care to discipline himself and has no plans to change the behavior, so this is a "watch me accumulate debt blog" not a "debt repayment blog".
It will be interesting to watch what happens one day when an emergency hits ands everybody else gets blamed.
Christy!
You came back!! do you have a blog? how can I find more about you!?
Let me know,
HS
Dear Author www.ourdebtblog.com !
Absolutely with you it agree. In it something is also I think, what is it good idea.
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