Nov 06 2007
Daily Notes 11/06/2007
Good morning! Working from casa Kemar this morning, so have the antics of the Cardinals at the bird feeder to keep me entertained as I labor away.
I did something yesterday that has me feeling pretty good. I paid off 3 credit cards and cancelled them. Oh the cc companies begged and pleaded and offered me the moon to keep the accounts open, but I perservered. That leaves me with one card whos balance is higher than I would want, but now I can send all my cc money to it and get it paid off as well in the forseeable future rather than in the murky distant future 😆
No, I didn’t win the lottery 😥 – I just borrowed from my 401K (which isn’t doing so hot anyway with the stock market flopping around like a dead fish) at 7.5% compared to the cc rates of 14-1/2 to 22-1/2% — a good trade I think and since I cut up the cards and closed the accounts, there’s no temptation to run them up again. And I scheduled that loan to be paid back in a timely manner, so even that payment won’t be coming out for very long. I know I should not be tempting the gods with this smugness, but I just can’t help but feel good about this move.
Am chugging along on my small project at work. I should have it all wrapped up by this afternoon. I have an interesting program at the SSIG meeting tonight that I don’t want to miss! It’s on Reporting Services and I know just enough about that to get into trouble 😆
Well, it’s back to the grind.
Love to all,
Margaret
3 responses so far
3 Responses to “Daily Notes 11/06/2007”
Congratulations – I’ve got ours pared to just two cards, but everytime I get one paid down something happens to jack it back up again. So, I keep pushing that rock back up the hill, hoping to get it over the top someday. You’ve given me hope.
Love,
Eddie
Congratulations!!!!!
The best thing I ever did was pay off all my credit cards when I got a windfall when Pauline passed away’ She didn’t leave a will so Jack King divided it all up between the nieces and nephwes.
I haven’t had to pay any interest for 10 plus years. I still have a couple of cards but just don’t charge anything I can’t pay off in 30 days.
Well, Ma, you’ve always been a smart cookie! I just wish I had learned my lessons a long time ago. It’s really hard to say “no” when I want to buy something that will make life a little bit nicer.
Eddie — take a page from your grandma’s book here…
Love you both!
M