August 17, 2009 5 Comments
Oh did you miss how much my credit card company sucks? Please take a minute to read why I have to completely change my life and budget because my credit card company is a blow hole.
I have rearranged my direct deposits for the month and sorta made a budget for myself. I haven’t called my cable company to cancel my cable, mainly because I’m not at home and thus don’t have access to one of my bills with my account number on it. I’m going to see how much it would cost to have my cell be my source of internet per month and if it is less than the internet that I have at home or the same price I’m just going to cancel all of my cable services (I found out that I can get a USB modem through my cell company for free yesterday). Better, I think, to not have the temptation to add back the cable. I’ll probably at some point get myself a digital antennae, but not anytime soon. I have tons of shows on my computer that I can watch from here to eternity (or at least 6 months, right?). =)
After rearranging everything I realized that if I can keep with my $400/month budget, with a $100 reserve for unexpected expenses (like copays at urgent care and the like) and continuing to put $100 towards my E-fund, that I’ll be able to pay $600 on the credit card with “no effort” – i.e. without cancelling any services or making any changes. After making some of the life adjustments that I talked about before I should be able to easily get myself to $750 (without yet selling the car and not including any tutoring).
My goal however is this: Paying $1,000 a month on this horribly high credit card.
This is a pretty lofty goal, and essentially means that every month I need to “find” or “make” $250 that wasn’t there before. This can be from tutoring, teaching, filling out online surveys, grabbing change off the sidewalk, or simply not spending all of my money in my $400/month budget (this will be neigh impossible I fear). However, this is my goal. $250 OR BUST. Much like Dawn at Fighting Forclosure, who is trying to get an extra $900 every month, I realize that some months I’m going to get over $1,000 and some I’m going to get under. As long as I stay ON AVERAGE over the $1,000 mark I’m not going to beat myself up. But, that said, $250 every month is the ultimate goal here. This shouldn’t be terribly hard to achieve (I hope) – as long as I stick with my new budget for the month.