Credit Card Debt Update – $1,499

We managed to put a little bit more towards our debt today. That brings our credit card debt total to $1,499. We should be able to contribute $500 more before the end of the month so it looks like we will need to use $1,000 from our savings account to pay off the last of our credit card debt.

That’s not too bad. We should be able to get that amount replenished within a few months. With summer quickly approaching we can breathe a sigh of relief that we won’t have huge gas bills for a while and our electricity bill will decrease unless it’s an overly hot summer. We can also spend a little less on groceries since we’re planning on having a garden this year. Nice, fresh produce sounds so good right now!

The end of April sure is coming up quickly!

Posted by Tricia on April 16, 2009 at 11:25 PM in Debt Updates | 4 Comments »
You can skip to the end and leave a response. Pinging is not allowed.

Newer Posts Older Posts

mydebtcomeback responded:
Posted: April 16th, 2009 at 11:38 pm
so close to zero!
kdmoffett25 responded:
Posted: April 17th, 2009 at 8:07 am
I would so be twisted on using my savings. But since you have 0%, I say let it ride. You are at least earning interest on your savings and the longer it stays in there, the better you are in the long run. Way to go!
creditcardfree responded:
Posted: April 17th, 2009 at 9:52 am
Congrats!
Rags responded:
Posted: April 17th, 2009 at 10:07 am
My goodness, what a long way you’ve come, from having a five figure debt down to nearly nothing. Reading your posts have been very inspirational. You’re a great example for others.