Wednesday, September 13, 2017
Wednesday, Interst charges, my killer
I was so excited to get below 14,000 on my studio card this month. I could not wait to open it. Well because of the Fed interest rates going up over the past year, my interest rate went up 3%. So over 1/2 my huge payment is now going to interest. I realize that this is my debt, but I feel so abused and used. I called my credit union where the card is issued and they will allow me to lower the interest on a promotion for one year. I will get an interest rate of 4.99.
So that is one of the things I will be doing today. Mom also has an eye doctor appointment. I need to do some banking and pay the house payment and another bill.
I am paying much more attention to these charges. After reading a dime at a time I was inspired to go after this problem. When you are heavily in a debt and have bad credit you cannot ask for anything from a bank. Although I feel heavily in debt I am not according to the bank and I have good credit. Debt and the guilt that goes with it paralyzes you. Then when you see the waste of interest charges it can become very discouraging. So every day I try to tell myself I am one day closer to getting out of debt. I am so much better off today than I was two years ago.
As soon as I get this done I will feel like I can breath a little deeper. Also having to have the bill paid off a year from now is great incentive to push harder. Be more grateful for my busy shop. Find more ways to save a penny or two. Attack, attack, attack, that debt! My new cheerleader cry.
I was able to get the last large piece of pageant things done yesterday and I will be working on a bridesmaid dress and two wedding dresses today. Hoping to finish them. Then I must attack the pile! Yes the pile is ever growing. Was able to work a couple of hours on the custom bodice and I can finally see progress. I was really hoping to have that completed as much as possible by Friday evening, but that does not look like it is going to happen. We will see.
I always think I can do more than I really can. Do any of you overestimate your time and resources?
Have a great and productive day staying positive while you are in the negative.