Something I have never mentioned on this blog that I might as well write about is the $25000 loan I took out of my 401k almost two years ago.
I consider it one of my dumbest moves ever! Maybe I did need the money at the time, but it didn’t do me any good, because:
I can’t [...]
Now that I have gotten very serious about debt reduction, I am constantly making or updating Excel spreadsheets. I have one that shows every bill for the month sorted by the due date. I have the columns labeled: Date, Who Owed, Amount Due, Amount Left To Pay, Comments, and then the dates of the 4 [...]
Well, this has been a busy week and I’ve had very little time to blog about any of it. Here are some of the things that have been going on.
Worked the usual 40 hour week. Would love to have a few extra hours to get more money to throw at the debt, but when you [...]
My Discover pays me a small percentage of cash back from each purchase. Once that total adds up to $20.00, I can redeem it for cash, gift cards from various businesses or apply it back to my account.
I recently used my card to take advantage of an offer at the mall, that I’ve written a [...]
(Revised 1/18/09)
This is my second attempt at the debt snowball. After posting the first one, I realized I left off a couple accounts by accident and I left the car loan off deliberately, since I was originally only going to focus on credit card debt. I also left off my wife’s medical bill and my [...]
The checks to pay off most of my credit cards arrived from my refinance company. They were made out in the amount I owed at the time they ran my credit report when I first applied for the loan. Since I had made payments on the accounts since then (and made a couple charges [...]
