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Clean Slate

February 1st, 2007 at 03:00 pm

I am on vacation for two weeks. This is my first week. I was planning on going to Thailand for a month but decided to stay here and save my money. I just needed to take some time off to recharge my batteries.

I would have charged that on my credit card. But I've decided that I've had it, no more! If I want to go on vacation I'm going to save up for it instead. I'd like to travel and see the world while I'm young. That is why I need to start a vacation account.

I just paid off my cc balance of $3358.67. I took the money from my savings acct, now all that's left in there is $4143.63. That was supposed to be my emergency fund. I want to have at least $10,000 in there, now I have to start over. This is really frustrating. When we use our credit cards we really are spending our future. I was charging little things here and there... and then Christmas came. Amazing how these little things add up.

Atleast that's gone now and I don't have to worry about it. Should I cancel the card? Now it's time to attack that student loan ~$5,290. Every month the dept of education takes $73, and $40 of it goes to interest! I want to pay for it in chunks just to get rid of it by this year (maybe sooner).

I am at my parents' right now. I got a lot of laundry done. Got paid today. I see that a litte 15 mins overtime every other day puts an extra $100 in my paycheck. I've seriously been thinking of getting a second job, temporarily. I need to start saving up for a house, my rent is now $1298(utilities not incl). In the meantime, I'll keep an eye out for opportunities to get extra hours at work.

Try to read all I can about how my 401K works and all this other finance stuff. I know that its ignorance that will hurt me. This frugality will save me.

2 Responses to “Clean Slate”

  1. tinapbeana Says:

    congrats on getting the card paid off! you may want to consider keeping it open if you've had it a while because it may actually be boosting your credit score by increasing your credit history. also, it could be used as a very last resort EF while you're getting your regular EF built back up.

  2. LuxLiving Says:

    Lock it up though!!!

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