Tag Archives: credit card

Mid-month update: wins & losses

Well, we’re at the end of the month.  I’m not going to give you figures at this stage because I think more useful will be the balance immediately prior to getting paid (which is still 14 days away).  And that will set up more useful monthly updates.  However, I thought this would be a great opportunity to give you a bit of an update on how the month has gone, some of the wins and some of the losses.  Continue reading

The Honest Story of My Debt – How I got trapped in the Debt Spiral

I think I read somewhere that you can’t move forward without truly understanding how you came to be where you are.  Or words to that effect…

So, today is a day for total honesty…

By which I mean acknowledging that I have allowed myself to accumulate $41,395 in credit card debt and payment plans.  The total number is just a bit scary and very hard to get my head around.  How did this happen?  When did I let myself go like this? Continue reading

My Big, Hairy Debt Pledge

Everyone has that moment when they realise that things just can’t continue in this way. Mine was today and it’s time I pledged to bring an end to it! Yes, I’m making a big, hairy debt pledge.

Today I realised that carrying $41,395 in credit card debt is totally unsustainable.  It’s also a little bit frightening, when you consider the state of the world economy today.

More painfully (albeit short term), I’m so stressed by my debt that I just can’t enjoy myself! Continue reading