This
first month has been HUGE!
Our current balance is 80.4% of the
original balance!
The
scholarship turned loan turned PAID IN FULL was a huge help with
this.
I
also ran a Small Business Saturday through Cyber Monday sale for Hire
A Housewife and put all
the proceeds towards paying off a credit
card, which will save me hundreds of dollars of interest every
month.
One of debts I owe involves the IRS. When I first started running my own business I paid dutifully whatever the program said I was supposed to pay. Then, I started getting notices from the IRS saying "We don't know why you are sending us money." So, I stopped sending it until I could get it figured it out. Only, I didn't get it figured out until last year. Now I'm working on catching up those payments as well. I paid two months of pack taxes in addition to what was due this month.
 |
| Finding one of these would help, but I'm guessing I should stick to my current plan in the meantime. |
One of debts I owe involves the IRS. When I first started running my own business I paid dutifully whatever the program said I was supposed to pay. Then, I started getting notices from the IRS saying "We don't know why you are sending us money." So, I stopped sending it until I could get it figured it out. Only, I didn't get it figured out until last year. Now I'm working on catching up those payments as well. I paid two months of pack taxes in addition to what was due this month.
Thankfully,
I'm not "in trouble" with them yet. I'm relatively small
potatoes compared to others, I'm sure. I will be fully caught up and
on track before we ever have an issue. Although I acknowledge there
will likely be some interest on some of this that I'm not yet aware
of.
While
I don't expect to know everything in advance, one of the ways I
anticipate God helping us with this debt journey is through
prospering Hire A Housewife. It is doing better now than it has
in awhile, thanks in large part to our newest customer service
specialist who is doing a great job.
I do not expect to make a dent this big every month... I mean, 20% a month means it would be paid off in five months. But seeing the difference in this first month has helped encourage me to be mindful of my purchases, especially as Christmas comes closer.
I do not expect to make a dent this big every month... I mean, 20% a month means it would be paid off in five months. But seeing the difference in this first month has helped encourage me to be mindful of my purchases, especially as Christmas comes closer.
There
have also been some other developments that won't likely have an
effect on the overall balance for a couple of months, but that have
been set off by what I started this month. That credit card that I
paid off? They don't want to lose me as a customer, so they sent me
an offer to transfer balances from my other cards at a 0% interest
rate for 14 months... I'll only need 12, but I'll take it. :-)
With this post I'm over halfway through my "8 posts in one month" challenge from Toastmasters and I have a week to get in four more to pass this challenge.
With this post I'm over halfway through my "8 posts in one month" challenge from Toastmasters and I have a week to get in four more to pass this challenge.
No comments:
Post a Comment