My family and I started on the debt reduction journey about 6 weeks ago. Tonight I finally called the credit cards and got the current balances; I was suppose to do this at the start of each month but in the past it ALWAYS went bad.
1. Pull out spreadsheet of credit card balances, see last time it was updated, always a year to 14 months out of date. Verify with DH that we have been paying bills off for the past year.
2. Call the credit cards and update the spreadsheet.
3.See that the over all due balance is higher then the year before.
4. Get sick, mad and have a HUGE argument with spouse.
5. Put up the spreadsheet and be too scared and nervous to pull it out again for another year.
This time it was different.
1. Pulled out spreadsheet that was updated last month
2. Call the credit card companies
3. Yeah our overall balance is LOWER!!!
Credit Card Balance
Started September 2009 = $95,351
Current = $89,518
wahoo - keep it going!!!
ReplyDeleteI have been following your posts with great interest, and hopes for your success. How horrifying it must have been when you first discovered that huge extent of debt. Congrats for taking the high road of paying it all back, rather than just jumping into bankruptcy.
ReplyDeleteI worry that your husband will continue his ways after this is over -- how are you going to prevent that? Good luck to you and your family !!
Thank you for the encouragement it is needed and appreciated. How we/I will keep this from happening again is a good question. I have been thinking about it and tried to give an answer but it was becoming pretty long. I have to work on a plan, think I will post the response in the blog. Thank you for such a good and needed question.
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