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Home > That's my story.....ugly ain't it????

That's my story.....ugly ain't it????

February 14th, 2008 at 04:53 am

Yes, I have finally gotten my UGLY DEBT TOTAL in order and can face posting them on here. And it is ugly my friends. $45,500 in CC debt. It about chokes me. Soooo, since the beginning of January, the rule has been no new debt. That has been successful although not 100%. My goal is to get the baby EF up to $1000, which I am trying to do with the tax return money. We had to amend our taxes, so who knows when this money will come in. I have decided to attack, ie.. snowflake to DEATH, the BOA first. It has a 0% until May. I am attacking this one as it has the lowest total.

We'll see how it goes. Feels good to finally be getting a handle on it. I know some of you will say, "Holy cow, I feel good, she's got it way worse!" and maybe a few of you will say "Gee, that's not so bad...." Anyway, hopefully we can finally get moving of diminishing this. Don't fool yourself that "Everyone has debt" because that is NOT the way it should be! I can't wait for someday when we are DEBT FREE! I could be a looooonnnnggg time! Stay tuned......

Posted in | 11 Comments »

11 Responses to “That's my story.....ugly ain't it????”

  1. frugaltexan75 Says:
    February 14th, 2008 at 05:05 am 1202965504
    1202965504

    You can do it! Just remember, baby steps. Smile

    A saying I've heard and thought was very wise -- "I can't show you how to save $100, but I can help you find 100 ways to save $1."

  2. baselle Says:
    February 14th, 2008 at 05:59 am 1202968769
    1202968769

    How do you eat an elephant? One bite at a time. Big Grin Go out and attack it!

  3. reflectionite Says:
    February 14th, 2008 at 07:14 am 1202973274
    1202973274

    i am sure you have probably already been asked this/thought of this yourself, but you said you are attacking one first that has the lowest total, does it have the highest interest rate as well? because i have always thought it's best to get rid of the ones with the highest rate first.

  4. merch Says:
    February 14th, 2008 at 12:58 pm 1202993938
    1202993938

    Just start chipping away and make every penny in the budget scream.

    Keep the focus!!! and Good luck!!!

  5. denisentexas Says:
    February 14th, 2008 at 04:53 pm 1203008014
    1203008014

    Way to go on getting the numbers together! You can do it and we'll all cheer as you do. Smile

  6. Lost in debt Says:
    February 14th, 2008 at 05:12 pm 1203009122
    1203009122

    I can feel your pain, my situation is way out of control and I've lost a large share of my income due to the failing housing market. BOA settled my debt with them for less and although it was the beginning of cleaning up my mess, it still left me ashamed to have gotten myself in this position in the first place.

    Good luck with your debt reduction, catching it early is the key to your success and when you have completed that last payment, you will be proud that you took care of it the right way.

  7. Ima saver Says:
    February 14th, 2008 at 05:50 pm 1203011414
    1203011414

    Way to go girl, you can do it!!

  8. JanH Says:
    February 14th, 2008 at 06:06 pm 1203012385
    1203012385

    I'm still not brave enough to post mine....we're rooting for you!

  9. boomeyers Says:
    February 14th, 2008 at 08:08 pm 1203019717
    1203019717

    Thanks everyone for your support!! You really don't know how much it means! I really need to try to dissolve this debt and a little Dave Ramsey "Gazelle Intensity" should help. I am going to dig up more to ebay, I still have my part time job and two other mini jobs that bring in a little bit. We just have to be tight!

  10. luxlivingfrugalis Says:
    February 15th, 2008 at 05:02 am 1203051776
    1203051776

    You've come a long way baby!! Keep going! You are very brave and it does take some time sometimes to face the whole reality. But as they say you can't solve a problem till you recognize it so GOOD GOOD GOOD on you for putting yourself out here for all the world to see! We are afraid that people will possibly judge us. It's hard to be vulnerable at your own hand, heh?

    Be proud of yourself. Facing your fears is the best way I know to conquer them!

    GOOOOOOOOOOOOOOOOOO YOU!!



  11. Brazoscowgirl Says:
    March 1st, 2008 at 10:55 pm 1204412144
    1204412144

    This is a funny yet humorous way of dealing with debt. I admire your total utter honesty! It is best way to get yourself where you need to be, you should be commended for being so courageous. We are farmers, so our total debt is more, but it is secured so we are like slaving for the bank.

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