Toni from Debt Free Divas said that there was a certain poetry to this challenge. I decided about a month ago to pay off a credit card on Black Friday. I’m not anti-Black Friday. In fact, I kind of like the frenetic energy of the official start of the holiday shopping season. And, as most of my debt doesn’t stem from holiday shopping but from lack of organization and living beyond my means through out the year I never found myself in debt specifically from holiday shopping. However, I felt that this year I needed to do something that really showed that I was committed to the process of repaying my debt.
So, today, I decided to go big. I did the following:
- I paid off not one but TWO credit cards. One card was a card that I had paid off in August and used again (like an idiot). The other card I’ve had for awhile and it was long over due to pay it off.
- Total Amount repaid: $434+$1070=$1,504
- I also decided to get my sh$t out of storage!!! That will be a post for Monday. You won’t believe the story.
I am feeling really excited about the amount of money that has just been freed up to take care of debt repayment and upkeep for my home. As it’s a holiday weekend, I’m going to keep this post short and sweet.
Have a fantastic day!!
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Well done Michelle – that mist feel good! Hope you had a great Thanksgiving Day 🙂
Thanksgiving was nice and mellow. Every 3 or 4 years I like to take a break from people. This year I just relaxed, rode bikes with my mom, and watched t.v. I am very excited about paying off the credit card!!
That’s awesome Michelle!!! I hope nothing bad happened with the storage unit. I’ve hears horror stories…especially about mice. What are you going to do with the stuff you took out?
That’s a story for March. I don’t think there are mice…as we fumigated the unit the day before removing the items. The items are in their new home and I have a receipt showing TERMINATION OF SERVICES!!! Am sooooo happy. When you read my post on Monday you won’t believe the story. I’m not telling the whole story-just the bare bones.
Congrats on not just meeting the challenge but exceeding it! I’m sure it feels amazing to be free from those credit card debts.
Thanks! They were such a pain. I have one more-then it’s time to focus on the student loans.
Wow, $1500 is great!! It will be nice to free that money up for other things! 🙂 Keep up the good work.
Thanks chica! It was a little touch and go because I also wanted to get the things out of storage. I just sucked it up and got it done!! Now, I’m exhausted 🙂
So awesome – congrats, Michelle!! I unfortunately didn’t complete the challenge, so perhaps I can just borrow your second payoff? j/k Great job, girl. 🙂
Thanks Anna! I am a bit surprised at myself. For awhile I wasn’t sure if it was going to happen.
Great job, girl! Kiss those credit card balances goodbye!
Thanks Lisa! I am so done with debt. I can’t even explain how DONE I am.