I Have Returned
Ξ May 19th, 2008 | → 3 Comments | ∇ Uncategorized, Debt Payments |
We’ve all seen it before countless times. A person decides to rid themself of their debt, gets a budget all set up, makes a good start, blogs about it, and within a month or two, disappears from the blogosphere. The presumption, of course, is that the person found out what kind of sacrifice that it would take to get rid of the debt and decided not to follow through. That the sacrifice now was judged not worth the rewards later in life. Or of course, that the person just “didn’t have what it takes” to get out of debt.
I’m pleased to say that this is NOT what happened to me. While I did set up a debt blog and made a pretty good start at getting rid of the debt for a month and a half and then disappeared from the blogosphere entirely, I did not stop paying off the debt. In fact, in the three months since I’ve blogged, I’ve paid off just over six thousand dollars in debt, all the while incurring zero new debt. I paid off my Fry’s card, and canceled the account. BofA, too, is paid off. I haven’t canceled it yet, because even after these months, I am still weighing the pro’s and con’s of balance transfers to save interest. But when in doubt, leave well enough alone. So the BofA account sits with a zero balance. The student loans are down to just over four thousand dollars remaining, which is on track to be paid off at or about Halloween. The only setback is the usurious interest rate that the Air Conditioner finance is charging, which accrued during the deferral and the balance is now higher than when it started. This, however is the highest that it should ever be, and it will eventually be gone, too.
Since January of this year, I’ve paid off over seven and a half thousand dollars in debt, and I’m still as excited about it as I ever was.
I just had gotten a bit burned out with blogging is all.
I’ve kept a blog for quite a few years in one place or another, and face it, it can be hard work. Sometimes the rewards for keeping a blog are less than the effort involved. And sometimes we just don’t have that much free time. Or sometimes blogging is just hard work.
But I’m back for a while. I hope you enjoy my blog, if there is anyone who still checks it after three months of inactivity.
