Update On My Credit Card Debts - $56,836 ! July 1, 2007
Posted by Vedis in : Credit Card Debt Updates , add a comment
Yeahoo…I didn’t swipe my credit cards at all for the month of June !…;D But my hubby did !! Another Titoni watch ! My hubby is obsessed with watches. Well, I can’t complain much as he doesn’t smoke,drink,flirt,swear…;D This is his only passion - watches ! All our cash went to paying credit card debts, expenses, utility, rental,home loan and car loan. So, he resorted to swiping his only credit card secretly. Ya…the only one he has…;D He knew that I would object to buying another watch. After destroying our credit cards in April, my hubby has only 1 credit card and I have 2 . Though the credit card debts are still here, the amount has been decreasing little by little. By following 5 Simple Debt Reduction Method, we only use cash and spend less. Besides exercising self-control, we also read tons of information related to debts, loans, financial matters to deal with our debts.It is of utmost important that we change the way we think ! We must have a mindset that we are able to get out of debts and become rich little by little. If we always focus on lack of money, it will be magnified many times. As a result, we keep on living in poverty. On April 24, our debts went down to $58,961 from $63,809.In May, it was $58,303 and now $56,836 ! We have already set our goal, that is to cut down our credit card debts to $40,000.On 31 December 2007 - Our Credit Cards - $40,000 ! I believe this goal is attainable as I have started writing paid posts at home. The money earned can be used to pay off some of our credit card debts.
Tags: debt management,financial freedom
Update On My Credit Card Debts - $58,303 ! June 1, 2007
Posted by Vedis in : Credit Card Debt Updates , add a commentYeahoo… My hubby and I didn’t swipe our credit cards at all for the month of May !…;D
After destroying our credit cards in April, my hubby has only 1 credit card and I have 2 . Though the credit card debts are still here, the amount has been decreasing little by little.
By following 5 Simple Debt Reduction Method, we only use cash and spend less.
Besides exercising self-control, we also read tons of information related to debts,loans,financial matters to deal with our debts.It is of utmost important that we change the way we think ! We must have a mindset that we are able to get out of debts and become rich little by little. If we always focus on lack of money, it will be magnified many times. As a result, we keep on living in poverty.
On April 24, our debts went down to $58,961 from $63,809.
We have already set our goal, that is to cut down our credit card debts to $40,000.On 31 December 2007 - Our Credit Cards - $40,000 !
I believe this goal is attainable as I have started writing paid posts. The money earned can be used to pay off some of our credit card debts.
Tags: debt management,financial freedom
Update On My Credit Card Debts - $58,303 ! May 31, 2007
Posted by Vedis in : Credit Card Debt Updates , 1 comment so far
Yeahoo… My hubby and I didn’t swipe our credit cards at all for the month of May !.
After destroying our credit cards in April, my hubby has only 1 credit card and I have 2 . Though the credit card debts are still here, the amount has been decreasing little by little.
By following 5 Simple Debt Reduction Method, we only use cash and spend less.
Besides exercising self-control, we also read tons of information related to debts, loans, financial matters to deal with our debts.
It is of utmost important that we change the way we think ! We must have a mindset that we are able to get out of debts and become rich little by little. If we always focus on lack of money, it will be magnified many times. As a result, we keep on living in poverty.
On April 24, our debts went down to $58,961 from $63,809.
We have already set our goal, that is to cut down our credit card debts to $40,000. On 31 December 2007 - Our Credit Cards - $40,000 !
I believe this goal is attainable as I have started writing paid posts. The money earned can be used to pay off some of our credit card debts.
Credit Card Debts - $58,961 April 24, 2007
Posted by Vedis in : Cash, Credit Card Debt Updates, Credit Cards , 4commentsThis is the latest update of my credit card debts for the month of April, that is $58,961. Yeahoo…there is a bit decrease.
I managed to stop myself from using credit cards this month. Yes, only CASH.
Let me share with you my 4 simple steps to reduce my credit card debts.
1. Cut Off Some of the Credit Cards. Now, I only have 2 cards with me and my hubby has only one card. If you have made up your mind to pay off your credit card debts, this should be your first step. This can avoid adding extra charges into your existing amount of debts.
2. Convert Your Credit Cards into Term Loans. Convert some of the credit card debts into term loans which charge lower interest, from 9% to 12% per annum.
3. Use Cash Only.
4. Make Your Repayment Early or on Time.
This is a very good start. Remember, well begun is half done !
Simplify your life. Follow the simplest steps again and again. Persistence is the key that I am using now to unlock the door to debt free life.
