Happy Thanksgiving!
I'm looking back through my posts, which really didn't get started on this blog until August of 2008 - and wow what a difference 15 months can make!
When I started this thing, our family was still using our credit cards to make purchases without any regard for consequences and our debt was skyrocketing.
Then, in January as the recession was really cranking up, I got scared and locked every credit card we have down.
And then in February, financial catastrophe - I was laid off with no real savings account and a HUGE debt burden. We were able to string it together until I finally landed another job in August. Yes August!
But guess what? Because so many of our credit card companies were unwilling to work with us; we have now become absolutely anti credit card.
Since I started my consumer debt reduction initiative in January of 2009 - I've managed to pay down $18,678 in debt. I still have a small mountain to climb, but I'm snowballing every month and have an "attack" amount of $793.30 which will only grow. If everything goes as planned, I'll have destroyed our Mt. Everest of $41,555 in debt by March of 2011! And as long as I can practically manage it - no credit card company will ever see another penny of interest from me!
So I'm thankful for my family, my job, my health, and our direction!
When I started this thing, our family was still using our credit cards to make purchases without any regard for consequences and our debt was skyrocketing.
Then, in January as the recession was really cranking up, I got scared and locked every credit card we have down.
And then in February, financial catastrophe - I was laid off with no real savings account and a HUGE debt burden. We were able to string it together until I finally landed another job in August. Yes August!
But guess what? Because so many of our credit card companies were unwilling to work with us; we have now become absolutely anti credit card.
Since I started my consumer debt reduction initiative in January of 2009 - I've managed to pay down $18,678 in debt. I still have a small mountain to climb, but I'm snowballing every month and have an "attack" amount of $793.30 which will only grow. If everything goes as planned, I'll have destroyed our Mt. Everest of $41,555 in debt by March of 2011! And as long as I can practically manage it - no credit card company will ever see another penny of interest from me!
So I'm thankful for my family, my job, my health, and our direction!
