Wednesday, September 16, 2009


Amazing how this works. My CC1....I paid the minimum, which for a day made it look like I was making progress....then they added back in the interest.

So the balance went up about $300, due to interest.

The rate on this card is 19.24%. It is eating us alive. And there is nothing I can do. I tried to get it lowered, and all they did was cut my credit line (and tried to make it sound like they were doing me a favor). All I can do is what I am doing...keep plugging away.

Right now, I need to reset my expectations that we are not going to get OUT of debt...more that we are not going to create new debt.


  1. Not creating new debt is a huge first step. Don't underestimate it.

  2. I totally agree, Jolyn! Don't under-estimate the power of acknowledging you have a challenge on your hands and need to work on it. And, not creating more debt and living within a set budget is a big deal!!