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One Credit Card Paid Off – One To Go!
By JLP | March 17, 2006
As I stated earlier this month, by the end of March I plan to have both of our credit cards paid off. Well, I’m happy to report that phase one of that plan has been accomplished. I just paid off the biggest of the two credit cards. Although it will be sad to see our bank account decrease, it will be great to know that we getting rid of all our consumer debt. If all goes well, we should never have to carry a credit card balance again!
At the end of this month, our debt will consist of:
Home Mortgage
Home Equity Loan
Buick Rendezvous – Paid off June 2007
Furniture Purchase – Paid off June 2007
All I can say is IT’S ABOUT TIME!
Topics: Budgeting, Credit | 8 Comments »
March 17th, 2006 at 3:06 pm
CONGRATULATIONS! Now what are you gonna do with all that extra money?
March 17th, 2006 at 3:50 pm
Way to go!
March 17th, 2006 at 5:52 pm
Congrats that is great. Now that extra money can be used to pay off the next part of your debt.
March 17th, 2006 at 6:08 pm
Congratulations, that’s great news
March 17th, 2006 at 9:03 pm
Congratulations!! We have had our Credit cards paid off since 2004, but unfortunately that’s all we did. We didn’t save as much as we should have. Luckily I found your BLOG and got inspired to get a Financial Planner. We now have a plan in place and we are headed in the right direction. Thanks and keep up the good Blogging!
March 18th, 2006 at 1:09 am
Great job! You should send this to the Carnival of Debt Reduction!
March 18th, 2006 at 12:51 pm
You know I like it…
Great job!
March 10th, 2007 at 2:43 pm
We are out of Credit card debt also…as of this March
2007.
I heard on CNN today 3/10/07 if you ever been in debt with credit cards the movie to see is “Max Out” It will scare you away from ever getting in debt again.