Getting out of debt: 1 down, 2 to go!
I did it! The first of my 3 credit card statement came in the mail yesterday with a $0 balance! WOOHOO!! (happy dance)
I still have 2 cards to go, but I just had to share the success! I’ve been writing about my credit card debt for a while now and it’s thrilling to have this accomplishment under my belt.
Other things I’ve done lately to get the other 2 moving forward:
- Transferred a high APR balance to a lower APR card.
- Set a goal for how much I pay each month for all the cards and stick to it.
- Pay off more than my goal when possible.
I’ve also discovered an inspiring blog called Get Rich Slowly, which applies Slow Movement concepts to personal finance. The blog is full of common sense advice with a dose of humor and zen. If you’re struggling with debt and cash flow, I highly recommend it.
At this point, I have 2 years, 8 months left to go before I’m done with credit card debt for good. It’s slow progress, but boy does it feel good!
619 days ago,
Aamer Iqbal said:
I could never have imagined you in such a situation! Anyway, I have managed to get a handle on my credit cards, and learned to say no to various offers!
619 days ago,
Kelly Parkinson said:
Yay! Congratulations! You deserve a medal for keeping at it, even though I’m sure this process can’t be fun. Unless saving money has become the new spending money. Are you starting to feel a rush every time you find a way to save?
.-= Kelly Parkinson´s last blog ..In memory of your birthday, which I forgot =-.
618 days ago,
Sherron said:
Congratulations!! Happy dancing with you!
618 days ago,
Heidi said:
Congratulations! That is such an amazing feeling
And well done on finding GRS, it’s an awesome site… VERY inspiring, not to mention incredibly informational.
618 days ago,
Darcy said:
Congratulations! Way to go! Woo hoo! And other encourage-y things
617 days ago,
Cindy Morefield said:
Yay, Jennifer! And thanks for sharing this part of your process. It’s inspiring and encouraging to the rest of us on similar journeys. Here’s to milestones!
617 days ago,
Heidi said:
I was going through my RSS feed this morning, and realized that there are a couple other personal finance blogs you might enjoy, if GRS speaks to you. There are two others that I follow that I really enjoy; http://frugaldad.com/ and http://www.thesimpledollar.com/
Both are written by people who, like JD at GRS, got themselves into debt, and then worked their way out… loads of good information abounds in both!
Good luck Jennifer, you aren’t alone in your fight against debt
616 days ago,
Maureen Thomson said:
That is awesome! Good for you. I’ve been in your shoes and watching that debt ebb away little by little is only surpassed by the day you get to say, “I’m debt free!” Paying off debt is a testament to the power of baby steps leading to great results!
614 days ago,
Vicki Kramer Nathan said:
How fantastic is that! Your clear belief and commitment to small steps not only handles the money thing but frees you up to do what you love. We can never see enough evidence of how that works. Thank you for allowing us in.
592 days ago,
jennifer said:
(happy dance) Thanks for the pay-off party!!