Denise W
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Honey, well flippin done, you now have something to be proud of, in reference to finances and the fact that you have been so grown up & taken responsibility for this is mazing...your a good girl & I wish you all the best & hope forever in your life from now on, you never ever struggle......good luck honey |
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laura b
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HOORAY!!! |
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♥xoxo♥
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omg way to go girl!!! woot woot!!! yay! wahoo! that enuf encouragment 4 ya?? i think NOT!!! wooooooooooooooooooooooooooooooooooooooo... |
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♥cexisnowbunny♫
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good job. wish i had that strength..lol |
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ck
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good job |
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23423425
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you did just fine |
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missree
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well done keep it up |
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Mum.of.twins
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Yes, well done !
I agree with Stephanie although it's not the card with the highest balance you should pay off first but the one with the highest rate of interest. |
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aussie jim
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Well done in taking the first positive step towards a debt free future! Keep feeling good about yourself and do not fall prey to the temptation to tak out more credit whilst you still owe. Each time you clear an amount of debt (maybe £250 for example - not too low, but you decide) give yourself pat on the back and a (small) treat paid for using cash! Don't be too extravagant, but each treat you pay for in cash will be sweeter than any purchase on credit! Keep those treats modest though - the stricter you are, the sooner those bills will be paid! Good luck! |
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diamond1
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yes you have done good, i wish i could do the same and after reading your mail i am going to give it a go did you know that even if you pay off some of your debt you are still charged for the original amount,NOT the amount you owe |
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mistickle17
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Yes good for you, you should be very proud of yourself. Give yourself a well deserved pat on the back! And I am not being sarcastic I really mean it! |
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spoofred
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good work i done that a couple of years ago and it felt great just cutting them right up lol |
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bluefrog
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That is Great! Here's something that may help if you start to get discouraged:
Start an excel spreadsheet "Paying off Bills"
Input your beginning balances
October 2006
Card Name Current Balance Paid this month New Balance It may take some time to get this all onto your spreadsheet. Write down the interest rate of your cards also. It doesn't hurt to call and ask them to lower your interest rate. The worst they can say is no.
Then your November spreadsheet will start off with the balance of your New Balance from October. Actually it will not match because of the interest that you were charged. I would add on my spreadsheet how much interest you were charged each month also. Once you get a few months of this down you'll be surprised how much you were paying.
Good luck in your journey. You can do it, and pretty soon you'll be tracking your savings instead of your debts. |
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Stephanie73
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Good for you!!!! Just a suggestion, focus on paying one card off at a time. For instance, if you have $500 a month to put toward your bills, pay the minimum on most cards, and put the rest toward the card with the highest balance. When that card is paid off, do the same thing with the next card, and the next card, until they are all paid off. You can do it!!!! |
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gurltype_r01
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congrats! one step closer to getting yourself out of that situation. now paying it off is the fun part rite?... anyways..........WAY TO GO!!!!!!!!!!!!!!! |
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Banwa
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You know you did good, and you should feel very smug and proud.
Hurrah for solvency! |
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Laney
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Well done its the first steps toward sorting the debt problem keep it up your next step is finding a suitable way to paying your debt off which i'm sure with your strength you will do it |
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taz c
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It takes courage & guts even to admit you had a problem, even more to actually do something about it. Course you did good. Next step: sort out your credit rating. If you do decide to get another card in future, DON'T pay the minimum payment each month. Pay in full. And don't spend more than you have to. Good luck!!! |
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Adam D
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yay good job now youy will be the shopper chopper |
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♥MissMay♥
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Well done you!
I know that feeling of having debt can really bring you down. A few years ago I had over £15,000 of debt. I finally got rid of it all a year ago through a managed bank account and I haven't gone back to any form of credit since. You really don't need it. Spending what you actually have is a much healthier way to live. If I want something I save for it. Being totally debt free is a wonderful feeling. I think of all those things I paid for using credit cards and store cards and realise that I paid double (sometimes more) for each item with all the interest. I can actually treat myself a lot more now and have a much better life style without them. I do open up store cards when I am buying something anyway... get the discount on my purchase then cut them up straight away. If you really feel the need for a credit card then don't carry it about with you. Put it in a plastic container and fill with water then freeze. That way you have to wait for it to defrost before you can use which will prevent any impulse buying.
Good luck! You can do it.
And if you need a sponsor :-) to chat to when it feels tough feel free to email me! |
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Baby'sMom
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Oh, you are SO smart! That is such an excellent thing to do! I encourage you to keep it up. Credit is an awful trap that people get into and have so much trouble getting out. Congratulations and good luck! (Yes you did good!) |
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Kristin
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I know how hard that is to do. I sat for about 30 minutes once holding an Old Navy credit card in one hand and scissors in the other. It took me even longer to make the call to close the account. I do have some advice for you though. It is good for your credit to have at least one or two good standing revolving accounts such as credit cards. I would definitely start by paying off the cards you have now then opening a small credit card keeping the balance below 50% of your credit limit and make payments on time. This will help improve your credit... but don't go overboard and don't make it for a place your likely to max the card out. Maybe a gas card that you pay off every month. Anyways, much props to you for taking the needed steps to get back in control of your credit. Good Luck!!! |
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Helen
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but what about that buzz you get when you buy yourself a fab new pair of shoes!! or a new perfume!!
im gonna keep mine - just in case |
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The angel from your nightmare
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If you have a lot of debt, yeah. if you don't then you're just a dumbass |
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