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Big payment!

September 29th, 2006 at 12:36 pm

I just hit "send"! $2000 off to CC1! That leaves $748 remaining on the card and if I had another penny to pinch, I'd do it. But I don't, so I just need to be patient. It will be paid off within the next two weeks if I get my money in the mail. I can not wait to be down to just one card.

It was suggested that I split the large card into smaller parts. I considered that, but I have another plan instead. The large card is 0% interest, so having the balance sit there is not a problem. We are going to pay a tad more than the minimum on it each month while stockpiling as much as we can into our ING account. So now instead of PAYING interest, we will be EARNING it. And according to the calculator, we'll be EARNING it to the tune of $848 from now until June. I am very excited about getting to watch our money grow instead of deplete.

5 Responses to “Big payment!”

  1. Ima saver Says:

    That is great!

  2. Bookie Says:

    Glad to see the plan working for you, Kris. It's fun to watch the excitement build as accounts are paid off and savings mount. Your enthusiasm is infectious. Smile
    Have a good weekend.

  3. LuxLiving Says:

    Feels GOOOOOOD, doesn't it??? Congrats on working the plan!

  4. homebody Says:

    Congratulations! Very exciting!

  5. DayByDay Says:

    Congratulations!

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