06.27.07
Changing One June goal
Well, I received settlement offers for two of my Premier credit cards yesterday. Neither of these is a huge debt, which is why I can foresee actually paying the settlement: One settlement is $258.01 (I owe $573.35), the other settlement is $332.03 (I owe $737.84) Of course, if pay these by the due date of July 19, I won’t have the $1k emergency fund done until August. However, I’ll be out of debt a month sooner than I originally thought and pay 45% of what I actually owe. I know this doesn’t look good on a credit report, but that’s OK with me and they will be paid off and I can scratch them off my list — no more $10 payments a month, no more bills in the mail.
More than likely, I’ll receive settlement offers soon for the other two Premier cards. Of course, depending on when the due date is I may not be able to pay them. However, I if I pay the first two and call to talk to them, perhaps they’ll extend the offer (if it’s made).
I really struggled with this decision, as I know it’s important to have $1k in savings ASAP, but I feel that this is important enough to pay those settlements first. The really good part about this is that I’ve received such offers in the past but could never take advantage because I was so behind on all my bills and robbing one to pay the other. There was no way I could spare a few hundred bucks for something like this. Now, it’s a matter of switching some things around a little, but it’s totally reasonable without a lot of gnashing of teeth. 
06.18.07
Goals update
Well, I’ve knocked out one of my June goals and am well on my way to knocking the other two out before the end of June:
1. Pay off AmeriCredit week of June 15 – DONE! I’m so thrilled to be rid of this debt!
2. Place $300 in savings – I was able to save a portion of this from this last paycheck, but most of it will be coming from the next one. This is one of those months where I get three paychecks, and it’s really going to help me get that $1k in savings by the end of July.
3. Read Mary Hunt’s “Debt-Proof Living” – I’m buying this today. I was going to buy it from Amazon, but by the time I factored in shipping it came out to about the same price and this way I can start reading immediately.
As for my main debt goals, I can cross out #2 and will cross out #1 shortly. I’m a little out of order on this one, but I’m OK with that because I’ve been working very hard on paying off that AmeriCredit debt since January. That’s a huge one for me to get rid of and does wonders for my motivation
1. Get $1000 into emergency savings.
2. Pay off AmeriCredit – $335.14 – done 6-16-07
3. Pay off old gym account – $444.89
4. Pay off Spirit of America – $478.53
5. Pay off Premier #1 – $570.89
6. Pay off Providian – $667
7. Pay off Premier #2 – $658.23
8. Pay off Premier #3 – $691.31
9. Pay off Premier #3 – $762.09
10. Pay off Orchard Bank – $1524.45
11. Pay off Capital One – $2047.42
12. Get student loan under $20k
13. Get student loan under $15k
14. Get student loan under $10k
15. Get student loan under $5k
16. Pay off student loan!
17. Save $2500 in emergency savings
18. Save $5000 in emergency savings
19. Save $7500 in emergency savings
20. Save $10,000 in emergency savings
06.03.07
June Goals
Thought I’d post my financial goals for this month:
1. Pay off AmeriCredit week of June 15
2. Place $300 in savings
3. Read Mary Hunt’s “Debt-Proof Living”
Totally OT sidenote: I’m watching one of the Blue Collar Comedy Tours on Comedy Central right now. It doesn’t matter how many times I’ve seen them, I end up in tears from laughing. Not a huge Larry the Cable Guy fan, but he’s OK and the other three really crack me up.
