October 16, 2007
Plastic Pinch Update for September
I have been too busy to blog about the on goings of how my financial world is being rocked. After draining the EF and just trying to stay on track, I’m finally back on top of things. The Cubs lost and holy DOW I got some earnings from that thing being all over the 14k mark. Look at my EF over there on the right you’ll see it is back to a healthy 1k. It has been a busy time as we are heading into the holidays which are always expensive. I have yet to zero out the new card that I signed up for before I do the balance transfers at 0%. That will happen this month but I cannot guarantee the balances on the other accounts will happen quickly. At any rate here’s the progress:
| Credit Cards | Balance | Credit Line | APR |
|---|---|---|---|
| Bank of America | $4,029.19 | $5,500.00 | 17.24% |
| Associates | $1,269.15 | $1,700.00 | 18.99% |
| Citi Dividend | $5,322.43 | $8,700.00 | 9.90% |
| Zales | $955.39 | $5,000.00 | 9.90% |
| Totals: | $11,576.16 | $20,900.00 | |
| Debt-to-Credit | 55.39% | Change | 1.16% |
My wife returned some of the stuff she bought with that store credit card and we need to get that paid off and closed. I think I communicated my point of view on that whole situation to her, and I believe she understands. We’re currently in a holding steady phase right now which doesn’t make the situation better, but hopefully not making it worse. I have been using Mint.com on top of my spreadsheet to actually track our spending patterns so expect an update on that here soon. Right now it looks like eating out is where our money is going.
Comments(7)