Hubby and I began a new budget. Our old one just wasn't working for us. I mean, we weren't trying as hard as we need to be to get where we want to go. I've taken away our credit cards again and we're only using debit. So if we don't have the money in checking, we don't have it. We spent a lot of our savings on Christmas presents, so we're bringing that back up. Now, we're above $1,000 again. Our goal for that is somewhere between $3,000 and $4,000. I have no idea when that's going to happen. Right now, we're very focused on spending little and bringing in a lot.
We should have our BP credit card paid off again at the end of this month and we'll be working on the Capital One card again. It's gone up because of interest, but we'll be okay. I have no doubt. We had started using the credit cards again and that's why I had to remove them from our wallets. I figure, if we need money, we'll dip into savings.
Honestly, I'm tempted to close all our credit cards and just live on debit, but right now, it's how we're building our credit, paying them off and then working well. It's always a challenge to stay on budget.
Debt Freedom
December 13th, 2011 at 03:01 pm
December 13th, 2011 at 03:59 pm 1323791954
December 13th, 2011 at 04:10 pm 1323792620
December 19th, 2011 at 10:39 am 1324291165
Jerry