Title: Credit Cards
Today was an emotional day for me. Today was the day that I paid off both my credit cards and then closed my accounts. I've decided that credit cards are a major part of what gets people in financial trouble, and as I've worked in the financial industry for 5 years, I've seen the damage they can do to folks. Now, its true (at least for me), I've lived on these cards for a long time. Buying things I'm sure I didn't need, while using money that I didn't have. It's taken quite a while to pay them down, month over month, year after year. This year, all banks were required to including a little box on your credit card (and Line of Credit) statements saying how much in interest you'll be paying them if you paid only the minimum payment and how long it would take to pay the cards off. For me, over 31 years and I would have basically bought them a new BMW. I'm not real keen on getting them a new BMW. Heck, I have to look for change to ride the darn bus! They are NOT getting a BMW outta me! So, I decided to forgo any toys for a while and I just devoted all funds to pay these cards off. So, today when I finally made the last payments (of $7.00 and $14.00 respectively - damn those last finance charges!), I called the bank and had them cancel my cards.
Getting them to cancel the cards was a job into itself, so if you ever decide to do it, give yourself a good 30 min and a shot of whiskey (ok, I'm not sure how helpful the whiskey was, but I figured why take the chance!) So, I'm finally free of credit cards! Wooo! I think I'll go rent a movie!... oh. wait. Redbox. Doh. Flaw in plan.
Enjoy!
Ps: The alternate name of this photo was going to be: "The correct way to prepare for Tahoe!"
Wow! I'm proud of you! I NEED to do that to!
ReplyDelete