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How Our Debt is Spread Out

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I haven’t posted in a while how our debt is spread out among our credit cards and my personal loan. As it stands right now, we have four total accounts and lately I have been thinking that it is too many. When I worked on our finances yesterday, I became worried when I thought I might have missed a credit card payment. I didn’t end up missing it, but the constant fear is always there. I will probably be looking into a way to consolidate everything so I only have to worry about one payment.

Here’s how things look as of today:

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For Credit Card #1, there are two interest rates. There was a balance of around $1,000 at 9.99% before we completed a balance transfer of 5.99%. Since payments are applied to balance transfer balances first, we’ll have to live with that smaller balance at $1,000 for quite a while. I can live with that, though.

For Credit Card #7, the 0% interest rate will be ending next month. I haven’t received a really good offer in the mail for a balance transfer offer for another one of my cards. I did receive a pre-approved offer from a different credit card and I thought about possibly opening up yet another credit card, but I didn’t do it before the pre-approved offer expired. That particular card has denied me two times in the past and I think I was hoping for a balance transfer offer from one of my existing cards.

It is getting close to where I probably should call all of the existing cards and see if they have any balance transfer offers that are not available online. Credit Card #7’s interest rate will go up to 16%+ and that is not good. I really don’t want to pay that much in interest.

Overall, it’s great to see the numbers continue to go down, although things are moving very slowly lately with only paying a few dollars over the minimum amounts.

A Mother’s Day Update

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First of all, I hope all of you mothers out there had a wonderful Mother’s Day. From the look of things around my neck of the woods, the restaurants were packed and there were many people out and about.

Today, we spent the day out and about hiking and spending some quality family time together a little ways from home. It felt good to get out and enjoy they day for there were few bugs out and the temp was in the low 60s and sunny. As often happens to us, we had a few blunders (it wouldn’t be a family trip without them! 🙂 ).

We packed up our picnic lunch and had a few burgers that we were going to grill. We get to the location and my lighter decided to quit working. We had no way to lite the charcoal and we were miles from any store. We finally gave up trying the lighter and ate the side dishes we brought. The next person to visit that grill will have some charcoal ready for them to use as long as they have the ability to make fire LOL.

After eating, we decided to walk on some of the rocks jutting out of Lake Superior. With the lake levels being very low this year, we were able to get farther on the rocks than we have ever been able to before. We felt triumphant once we reached the last big rock we could get to. On the way down from the rock, I decided to hand our camera to my husband because I was worried it may fall out of my pocket. His hand and the camera didn’t quite connect and the camera hit the rocks below with an awful “clunk.” I thought that was it and was holding my breath that it would still work. Well, that camera was on a mission and managed to bounce a few more times right into Lake Superior. My husband quickly fished it out and I tried to dry the outside as best as I could. After we left I held the camera outside of the car window to try to dry it out fully. After putting in new batteries there was nothing. The camera didn’t make it 🙁

We still had a wonderful time even though we didn’t have burgers on the grill and I couldn’t take any pictures. We spent a very nice day as a family and in the end…that is what counts.