Starting yesterday I am going to try my hardest to pay off my $20k in credit card debt. I figured that we can pay at least $1000 a month, so my goal is to have it paid by 4/2008. I know that is a long time, but it is a lot to pay off.
I also have two more goals: don't over-eat and don't over-spend.
Not that I am overweight, but since I got married in 2003 I went from a size 4 to a size 8. Yuck! I say I over-eat because I get "big-eyes" and want to order everything on the menu to eat and then end up sickly stuffed at the end. I don't exercise or diet.. and I don't plan to really for now. Yesterday at Arby's I ordered a Medium roast beef with cheddar and a medium Pepsi. Usually I would get a large sandwich with fries or potato cakes. But the one smaller sandwhich was plenty. This is also good because I am saving money eating less!!! Another thing I am watching out for is pop. I am not giving up my Pepsi, but I am only going to have it with meals. And when ordering out, always a medium (20 oz ish) or smaller. I find I do not need more than that.
Over-Spending.. I am the worst at this. Again, yesterday I started working on this. I go to Target often and buy misc. BS and end up spending $50 on one bag of things. So unfufilling, but I still do it! Yesterday I went in for a container to hold my bird food. I walked by the DVDs and saw a movie I never heard of but looked interesting. It was $19.99, not on sale. I picked it up to buy, but at the last minute in line I decided not to. I am so proud of myself for this because this is exactly what leads to my over-spending. Hmm.. I need to try to stay away from Target all together. Oh! Thought of a new goal!
Goals:
* Pay at least $1000 a month to Credit Card.
* Only eat what makes me content, not stuffed.
* Only purchase things I need or have slept on. No impulse purchases.
* Go to Target only once a week. Make a shopping list for the weekly trip.
$20k Credit Card debit to pay off!
June 14th, 2006 at 08:13 pm
June 14th, 2006 at 08:21 pm 1150316472
June 14th, 2006 at 08:29 pm 1150316943
I think you are wise to scale back rather than eliminate. You have a much great chance for success this way! Good luck with the new 'rules' !!
June 14th, 2006 at 09:44 pm 1150321443
Good luck
June 14th, 2006 at 10:00 pm 1150322457
Did you cut up the card with the big balance? If not, do so now!! Don't count on your will power! Is your husband on board with you?
Good luck!
June 15th, 2006 at 01:15 am 1150334101
June 15th, 2006 at 03:09 am 1150340979
June 15th, 2006 at 03:54 am 1150343654
I can't imagine only going to a Target/Wal-Mart once a month or less than that! I always think of something I need or want there. I think my goal of once a week is really good for now. MAYBE later it can go to every other week - we'll see.
My husband will be on board when I talk to him this weekend. I think he will be very pleased that I have set up these goals.
Thank you again everyone for the replies and encouragement. I really didn't expect anyone to respond!
June 16th, 2006 at 08:43 am 1150447391
February 17th, 2008 at 05:02 am 1203224540
August 21st, 2008 at 10:49 pm 1219358995