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Keeping Financially Sane

January 22nd, 2011 at 03:01 pm

I am still doing great with regard to living on my spending plan. I love the feeling of control writing down my "numbers" gives me.

In two weeks we close on our rental house, though, and I have to be very aware of my spending on the repairs we will make. In the past, decorating houses has been a trigger for me. DH and I visited Lowes and Home Depot last night and made a list of many of the items we will need to purchase. We also made out a budget and ALL the repair money will come out of our rental house account, NOT our general budget. Also, just like I do with our personal budget, I will write down every purchse we make for the rental house.

On Friday, I will pay off our $2,002 Visa bill (we use this VISA kind of like a debit card for most daily purchases). Friday is payday and our checking account can handle the hit. Then every Friday I will draw funds from the checking account to pay off the VISA each week. In that way I can use it much like a debit card and still get the FF miles. The minute I stop doing that, I have promised myself that the FF VISA has to go.

My debtors anonymous program says to use NO unsecured debt (charge cards). Although I know they would recommend I cut up that card, I want to see if I can manage it because I LOVE the free miles.

I posted almost all of the excess jewelry I bought before Christmas on Ebay today. If I sell it all it comes to $7,363.75. Although I didn't pay that much for the items, that is pretty scary to think how much I did spend on my spree. As items sell I will use the money to pay down my DH's second car.

I am enjoying reading all of the posts on this site as they remind me to stay on track ONE DAY AT A TIME. Thanks God!!

3 Responses to “Keeping Financially Sane”

  1. creditcardfree Says:

    Great job! Yes...one day at a time. I hope you can handle the Visa.

  2. LuckyRobin Says:

    There is something about writing down those numbers that really helps with feeling on top of it all, I agree.

  3. Savings Queen Says:

    Lucky Robin, You are so right! In fact, I just sold a $350 item on Ebay this AM and realize that I am going to track my Ebay sales and apply the proceeds to my DH's car loan.

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