One thing I hate about debt and that is interest, π€¦πΎββοΈ.
Pay day is Friday and the new Target statement just hit today, new balance $308.48. I didn't update my side bar, because I'm paying this sucker off first thing Friday morning. That puts me at five more credit cards π³to go.
I was so upset and embarrassed that I had that many credit cards, then one day I read a Facebook post that someone had 32. I couldn't even imagine having that many, ugh! I'll take my ten any day over 32.
So once this card is paid off, that should free up about $350 a month. Not bad, with this extra money, I should be able to knock CC5 in about five pay periods, that means she'll be paid off by the end of the third quarter. I'm pleased because one of my goals was to pay off a CC each quarter, 4 for the year and I'm on track. Honestly, just thinking about it, I should be able to knock this baby out in 4 periods (August of 2018), the sooner the better.
Hopefully the house will sell and I can pay off CC6, CC7 and CC8. I'm going to fully fund my EF, the job is too unstable for me not to have 6 months worth of expenses saved. That's one of the reasons I put money towards BS1, even if it's $20.
Interest Sucks!
April 10th, 2018 at 07:30 am
April 10th, 2018 at 11:25 am 1523359533
P.S. Love that you referred to your Target card as a 'she'.
April 11th, 2018 at 06:58 am 1523429935
April 11th, 2018 at 03:56 pm 1523462193
As for all those credit cards...we have a friend who had 41 of them. We thought he was crazy and I think it has come back to bite him since he was really worried about getting a car loan a few years ago -- too much outstanding credit possibilities.