<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > My Finances, In a Nutshell
 

My Finances, In a Nutshell

February 5th, 2008 at 05:32 am

CC #1: $931.40 (19.9% APR)
CC #2: $5,297.57 (14.24% APR)
CC #3: $1,009.71 (12.99% APR)
CC #4: $1,410.22 (12.99% APR)
CC #5: $4,146.24 (9.99% APR)
CC #6: $4,706.87 (0% APR)
CC #7: $6,284.70 (0% APR)
Total Credit Card Debt: $23,786.71

I've begun this blog in an attempt to "shame" myself into a debt diet. I hope that by putting my credit card debt out there, examining it (and letting others examine it too!), I'll finally be able to slay the dragon that is (drum roll...) MY DEBT!
I'll be dealing pretty exclusively with my credit card debt, as opposed to my student loan debt. Also, any mention of the following-student loan debt, savings, retirement-will be peripheral to the main theme of this blog.
In general you can expect to read about the number of cards I have, the balances and interest rates I carry on each one, how I got into debt in the first place, and what I'm doing to either decrease the debt (or contribute to it!). I expect I'll ramble on a good deal about my emotional relationship to money,my parents' relationships to money, and things of that personal nature.
If you, the reader, wish to comment or criticize, I ask that you do so in a constructive manner. Flaming or harsh criticism would be counter-productive and just plain mean!

6 Responses to “My Finances, In a Nutshell”

  1. SingleGuyMoney Says:

    Welcome to the blogging world. Good Luck on knocking out your debt.

  2. merch Says:

    Good luck.

    Do you have a budget?

  3. Ima saver Says:

    Welcome, glad you have joined us!! We are a pretty nice group of people!

  4. brightlotus1975 Says:

    Response to SingleGuyMoney, merch, and Ima saver:
    Thank you for the welcome and well wishes!

    merch: I do not currently have a budget, but will be putting that together...soon. If you'll take a peek at my second entry for today, you'll see the challenge I'm facing in that area.

  5. Broken Arrow Says:

    Welcome! Nice that you have the interest rate listed, and ordered. All else being equal, I say that's the way to pay it down.

  6. baselle Says:

    "Flaming or harsh criticism would be counter-productive and just plain mean!"

    Just delete those comments! Big Grin

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 6.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]