If you are dreading the coming of the credit card bill for Christmas 2007 or worse yet you still haven't paid off 2006 yet... This may be a bit of lemon juice in the paper cut, but it isn't meant that way.
This is the first Christmas that we have celebrated without using any form of debt. It was wonderful! It was really quite liberating! It is true that I got carried away and bought a few extra gifts than originally budgeted but that is just the way I am with Christmas. The important point I wanted to stress was that it didn't bugger our finances.
This is proof that you can live through Christmas with out VISA or Master Card! I even did some shopping online, using PayPal's new virtual debit card and it worked well. I am so grateful for the Financial Peace that is in my family's life now.
Showing posts with label Credit Card. Show all posts
Showing posts with label Credit Card. Show all posts
Tuesday, January 8, 2008
Tuesday, October 16, 2007
What's in my wallet? CASH!!!
As of last week we have confirmation that we no longer have a credit card! What an amazing thing this is, it has remove more stress than I realized even existed in my life and my marriage. Life is improving and I certainly know that momma is happy to be rid of credit card debt forever!
I can tell you that we have had some adjustments to make but none that are truly difficult, and the net result is worth all of these changes. The primary difference is instead of paying interest on my "emergency fund" card I actually earned interest on my "emergency fund" account. True it was only $2 but lets factor in the detail that I didn't pay any interest out. That is a minimum net of almost $180 per month.
I am VERY happy with my first few months of life without the use of a credit card. Which is why I encourage every one I meet to shred the card and live with out it. I have earned nearly $250 more since I cut up my card so now I can answer the question that Capital One is always asking... CASH!!!
I can tell you that we have had some adjustments to make but none that are truly difficult, and the net result is worth all of these changes. The primary difference is instead of paying interest on my "emergency fund" card I actually earned interest on my "emergency fund" account. True it was only $2 but lets factor in the detail that I didn't pay any interest out. That is a minimum net of almost $180 per month.
I am VERY happy with my first few months of life without the use of a credit card. Which is why I encourage every one I meet to shred the card and live with out it. I have earned nearly $250 more since I cut up my card so now I can answer the question that Capital One is always asking... CASH!!!
Thursday, September 27, 2007
DAVE IS RIGHT!!!
I have been working the Baby Steps now for just over three months. The net results are very respectable. What's more I haven't paid some scam artist to help me get out of debt either! Which was a temptation I successfully avoided nearly five months ago. AND what is even more impressive is that the Debt CON-solidation loan on our house which we didn't qualify for in the end was totally not needed. That is a serious revelation folks! We were convinced by the ads and everything we were told by real estate folks that this was the route we needed to go. Well, they were wrong. THANK GOODNESS we were just enough out of balance to not qualify for that scam a second time.
So how did I solve the nearly $800 deficit that my family had on a monthly basis? I took a second job at one of the Schuck's Auto Parts Stores. I knew the manager and knew he needed the help. I was right and thus I got the job. It has not been easy or fun working 65 hours or more a week but I am seeing the value of what Dave calls "Working Like NO ONE ELSE..."
I knew my friend the manager was in need of Dave's plan as well. So I gave him the book on CD. He and his wife are now working their own Total Money Makeover and they are succeeding! WOW! It is such a simple plan and there are no MLM gimmicks or gotchas. I have to say that I am still very much sold on this TMMO plan of Dave Ramsey's.
We are going to be able to pay off our only credit card in five days! This is a major way point for us on our path to personal financial peace. We got this credit card shortly after we got married and we thought it would never carry a balance; for a few months this was the case. Dave loves to say when you play with snakes you are going to get bit. He was right! We had a few medical emergencies and an incident with our car and boom we were carrying a balance. Now nine years later we are going to be RID of the snake FOREVER!!! What a GREAT FEELING!
I can see the light at the end of the tunnel and I know it isn't a train! It is the blessed light of FREEEEEDOOOMMMMM!!!! WOW! I used to think that I would have to find some business opportunity to get the G.O.O.D. life. Now I know better. It isn't how much you make it is how you use it.
Dave is right!
So how did I solve the nearly $800 deficit that my family had on a monthly basis? I took a second job at one of the Schuck's Auto Parts Stores. I knew the manager and knew he needed the help. I was right and thus I got the job. It has not been easy or fun working 65 hours or more a week but I am seeing the value of what Dave calls "Working Like NO ONE ELSE..."
I knew my friend the manager was in need of Dave's plan as well. So I gave him the book on CD. He and his wife are now working their own Total Money Makeover and they are succeeding! WOW! It is such a simple plan and there are no MLM gimmicks or gotchas. I have to say that I am still very much sold on this TMMO plan of Dave Ramsey's.
We are going to be able to pay off our only credit card in five days! This is a major way point for us on our path to personal financial peace. We got this credit card shortly after we got married and we thought it would never carry a balance; for a few months this was the case. Dave loves to say when you play with snakes you are going to get bit. He was right! We had a few medical emergencies and an incident with our car and boom we were carrying a balance. Now nine years later we are going to be RID of the snake FOREVER!!! What a GREAT FEELING!
I can see the light at the end of the tunnel and I know it isn't a train! It is the blessed light of FREEEEEDOOOMMMMM!!!! WOW! I used to think that I would have to find some business opportunity to get the G.O.O.D. life. Now I know better. It isn't how much you make it is how you use it.
Dave is right!
Subscribe to:
Posts (Atom)