Daily Archives: Saturday, January 19, 2008

My Money Story – The Forties

True Confessions
In November 2006 we made an important and necessary decision that would allow us to move on with our lives. Our income dropped but the bills were still there. We had to use credit cards to cover bills and groceries for several months. And now we stand here, thousands of dollars in debt and when I read some PF blogs, I feel envious and guilty that I'm not as frugal as they are, or have been over the years. For… Read the rest

My Money Story – The Thirties

True Confessions
I was a stay at home mom, living on welfare and food stamps for the next five years. I was very frugal during that time. Once again I went without a car for three years because mine broke down and I couldn't afford to fix it without credit cards. I had accrued most of my $6000 credit card debt fixing the car we'd had, so when the engine failed, that was that. We spent four years living even more frugally… Read the rest

Progress Report

Making Progress
Sometimes I don't think we're doing as good as we could, and start to feel down about our progress. Here are some things I concentrate on that keep me focused on the positive. Mr. Accountability has started to watch Dave Ramsey on television each evening. I haven't read his book, but PFers speak about him often. This can only be a good thing. Although thankfully we are both in agreement that we are not going to reduce our food consumption… Read the rest

Transferring Credit Balances to That 0% Credit Card

Balance Transfer Saga, credit cards
More research on transferring the two cards to one. I received an offer in the mail and it looks like a good deal. Some of the relevant fine print: No annual fee 0% APR on balance transfers for 12 months 9.99% fixed APR on balance transfers after 12 months Transfer fee 3% of amount or $99 maximum I'm assuming since I need to transfer two cards, it's going to cost me $99 for Credit Card #1 and at the current… Read the rest