I’ve been working ALOT lately, and finally I was able to do something with my money towards my debt. I was able to pay $1,000 towards my biggest credit card, credit card #2. It felt so good to complete the transaction.

Unfortunately, I will only be paying off part of the remaining $1200 from a previous balance transfer where the rate was 1.99%. So, I haven’t hit the big chunk subject to 16.9% sitting on that card.

Once I get my tax return completed and receive my refund, I decided that it ALL is going towards credit card #2. I like to refer to that card as the beast that needs to be tamed. And, I have a plan – which I will explain further at a later date when I have more time.

Right now I better get to work.

Technorati Tags: credit+card, debt


  1. Jonathan Radande responded:

    Congratulations on the big payment Tricia. Doesn’t it feel good to see that balance take a steep dive toward ZERO? I love it!

  2. Chitown responded:

    Congrats!!!

  3. Chitown responded:

    Congrats!!! Keep up the good work!!!

  4. Tricia responded:

    Thank you both for your kind comments. It does feel good to see a large payment going towards my debt. I just wish I could do that all the time – LOL :)

  5. Blogging Away Debt » Blog Archive » Should I Save Up an Emergency Fund? responded:

    [...] I had $1,000 extra that I used to pay down credit card #2. Now I read that I should have kept it for an emergency fund? [...]

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My Debt

  • Original Debt: $38,495.86
  • Paid: $19,149.13
  • Remaining: $19,346.73
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  • Credit Card: $0 Woo Hoo!
  • Student Loan: $9,501.52
  • Auto Loan 2: $9,845.21

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