Well it's time for another update! We were able to slash another $2500 off of our debt last week so I am just a basketcase in wanting to get Card 2 under $20,000 and get the total kit and kaboodle under $60,000 (it looks a lot more ugly with those zeroes than if I just used the letter k so I'm using zeroes for motivation. Ha ha!) I can't wait for Weds either (PAYDAY!) so I can make another dent in the numbers.
Oh and those people you hear about getting their limits reduced...I'm one of those people! I had one company reduce my limit on one card from $14,000 to $500! It had no balance and really gets no use so it's not bothering me that they cut it other than for my credit score (which I could care less about at this point. I just want to quit owing cc companies money...I'm fed up with it!) The sooner I get this paid off and I can start cash flowing my daughter's college education (it's on the horizon!) the better.
I'm just happy that our household hasn't felt the economic squeeze nearly as much as a lot of other people (especially in PA!) Though I still think the media drives a lot of the panic and fear and that if people got back to basics they would be a lot better off. OK off the soapbox...here's the skinny:
Debt Tracker (11/24/08)
Card 1: $41619.94 (8.99)
Card 2: $21076.69 (8.99)
Total: $62696.63
Another $2500 less owed
November 24th, 2008 at 12:39 pm
November 24th, 2008 at 02:19 pm 1227536376
November 24th, 2008 at 03:01 pm 1227538875
I'm amazed at the drop in the credit limit. I guess if you don't use it, they figured they could that outstanding credit off their books! Interesting times, we are in!
November 24th, 2008 at 05:15 pm 1227546931
November 25th, 2008 at 05:26 am 1227590776