and I put on him after last Thursday, but he’s digging in his heels. Mortgage has to be totally gone, and repairs done before he’ll consider it. So guess who is making a BIG payment today on the mortgage, once it is done we will be under the $60,000 mark for the total.
I have a secured credit card with CapitalOne… its pretty old, and I had actually forgotten it started as a secured (after some time they just made it a regular card with a high limit, but retained my initial small deposit) until I was looking just earlier today online at my statement.
This card is the next one on my list to be paid off and closed, so that was why I was looking intently.
Anywho – after realizing it was a secured card (meaning I paid CapitalOne money to start the account) I was wondering if the amount of my secured deposit might just cover the remaining balance and effectively zero out and pay this one off.
It does and it doesn’t…
So what they told me is yes I can close the card today and they will apply the deposit amount to the remaining balance, but not until AFTER it is closed. Meaning they will report to the credit bureaus it was closed with a balance remaining due (which may affect my score).
My other option is to pay them the full amount as planned, then once the card is at 0 balance close the account, and they’ll mail me a check for my deposit.
Its apples to apples… but I have opted to just play their silly game. Closing this account will probably lower my score a little bit anyhow, and I don’t want to lower it so much that my car insurance rate goes up or something else silly and illogical but yet plausible.
If any of you have secured cards, secured loans, etc – know that you need to pay off in full, then get your deposit refund for it not to show a balance due on your credit report!
1.) Make some sort of chart like Jan makes for her debt goals – I am a visual person and the activity of seeing my debt reduce would help to motivate me :-). I have my spreadsheet, but a constant activity will keep my on track.
2.) Get solar panels installed on our home while the feds are still offering the 30% rebate.
3.) Plant a vegetable garden
4.) Gets dads secret pickling recipe and pickle those veggies
5.) Eat healthier (cut processed foods as much as possible, bring fruits and nuts to work for snacks)
No, it’s not too early! Actually, it’s kinda LATE… We have a month left in 2014. What are your goals in the next year for debt reduction, improved savings, increased income? We could even expand this to other areas – fitness, learning, reading, enjoyment of life…
I’ll have to get back to you with my goals – I haven’t written them either. I was just reminded about goals from an e-mail from a financial newsletter…
I re-negotiated our land lease contract so that it more accurately reflected what we wanted and needed and could afford. Then I set out to determine ways to pay for that which wouldn’t be quite so ouchy. That portion of my homework is still in motion; I have several potential ways to pay for it but I haven’t landed any of the cash yet. My goal is to do so within the next two weeks, rather than wait until the very end of the month to meet the Jan 1st deadline. I also shopped around for a suitable care package gift for my SIL who is home recovering from her auto accident. I was able to find a good selection of good-condition National Geographics available online that I could send to her. Sent her an entire year’s selection of Natl Geog’s for a grand total of $9.47, shipping included. That’ll give her plenty to read when she gets tired of Netflix. A second star for the day event during the week was that my truck was having some cold-morning startup issues, and we went back through the maintenance records and realized it hadn’t had new coolant/antifreeze put in since we acquired it 6 years ago. Plus it was horribly overdue for an oil change. So in my new enthusiasm for being able to pay for stuff, I took it down to the neighborhood lube place and an hour later, it had new fluids. Starts and runs a lot better now. A third star for the day came when I started to consider again whether we should start unloading some unneeded equipment to generate more income; the more I looked around this weekend the more potentially sellable stuff I found. My motivation to get our debt paid off in time for my Sept 2015 deadline is starting to weigh on me since current earnings won’t quite do the trick. I feel myself moving into that frame of mind that DR described, where we’re so motivated to unload stuff to bring in extra cash, the kids start thinking they might be next. I’m just about there.
The “dog ate my homework” portion was that I was pretty sure I could cover the Nat’l Geogs and truck servicing within my normal weekly cash flow, but I didn’t check first to make sure. And it turns out I had a few bills come due this week, along with our free-range, organically fed, heritage breed turkey purchase that I sorta forgot about. So I had to scramble to make sure everything was covered. Ended up taking money out of one of the sinking funds which was originally intended for something else.
I spent a LOT of money this weekend(about $1000). Much of it was from money won in bowling jackpots the past couple of weeks. I bought a bunch of rocket stuff from a guy who is going through a divorce and foreclosure. I got more than $600 worth of stuff for $200. I also took a bunch of stuff to sell for him on ebay or whatever, so I can earn ‘commission’ from that. And then I bought an electronic percussion unit for my music studio. So now I *really* have to get some stuff recorded, otherwise that money is wasted. Motivation..
but I was hoping it would at least last through December. The job I had babysitting the foster baby just wasn’t working out. I encouraged them to find someone else who would better suit their needs (he wants a person who cleans the house 95% of the time and cares for the baby 5% of the time and she wants someone who can stay there 10 hours straight a day; neither of which is me. I could write reams about both false expectations someday when I need a laugh.)
I am grateful that I recognized this job for what it was: God providing us a way to be original debt free by year end. After this Friday I will only have 1 CC left, and I should be able to earn enough in December and January to pay that off (or else I’ll use the money inherited from my mother.)
On the other hand, because I knew it was only a matter of time before this ended, I started upping my availability with the nurse. This week for example, I’ll end up working 22 hours for her. That’s the same amount I would have worked at the baby’s, but it’s way less disruptive to my family. The problem is that the nurse job isn’t consistent, whereas the baby more or less was.
We have done a great job being intentional with the baby’s checks, fell off the wagon a week here or there, but for the most part it went directly to debt. So I just need to keep that up with the nurse checks.
Thanks for all the support from this group–couldn’t do it without you.
driven home to me hard on Thursday. Some of you already know where this is going.
If you people haven’t got your Legacy Drawer put together I really want to stress to you how important this is and hopefully what I am about to tell you will bring about the good of you getting your own affairs in order.
We’ve got ours started and have a lot of the details worked out, but have never made it to the lawyer to draw up our wills. Thankfully I don’t need my dh’s will, but there was a point Thursday when we both thought I might need it.
Dh very nearly became one of those “news stories” you read about, but think it will never happen to someone you know.
His brush with danger started mid-afternoon and I heard about it from ds after the danger was over. Thankfully our children were raised to always start with “Everything’s okay, Dad’s not hurt” Or I may have had a stroke when ds called me to tell me that dh had found himself locked in an office with a fellow employee that was having a psychotic break. As it was going down no one knew if the man was armed or not, not even dh for certain. Dh was extremely worried about the possibility when the guy started talking about the fact he had Kevlar on under his chain saw pants.
The first ds knew that his father was in possible danger was when they evacuated the floor, and of course they wouldn’t let him go to his father. To say the stress was hard on both of them would be an understatement.
What details I do know are sketchy, no one is even certain what sent the man off. The police were called, but before they got there the bosses managed to get in the office and remove the co-worker from dh’s vicinity. Luckily no one was hurt. As soon as dh was safe ds called me, because of course dh was being questioned by everyone as to exactly what had happened.
I of course became a basket case here at home waiting to hear dh’s voice to reassure me that he was fine. I want to thank Keisha so much for holding my hand virtually while this was all going on, she helped me get myself under control before dh called me. He did so about one hour later, the first chance he got to call me. He maintained his clarity of mind and handled the situation just like he should and that is probably why he walked out of the office physically unharmed. He waited until he was home before it hit him how much danger he had been in.
The bosses kept calling on and off all evening and told him to take as many days off as he needed with pay. It seems they had sent the guy home earlier in the day and told him not to come back until he spoke with a “therapist”. They didn’t disable his security pass, nor had they told all the employees. Had they done so, dh would have never been in that office with him alone. They had just started the process of telling the employees one by one that if the guy was spotted in the building or parking lot to notify security immediately. It was one of them on the way to tell dh that realized the warning had came too late and called security and 911. I owe that man a lot.
The whole incident made me realize what all my bad dreams I’ve been having this last month were about and why in each dream my deceased fil would show up. I fully believe that dh’s guardian angel is his father and Alvin was there helping dh stay calm and handle the situation.
We had already planned a weekend getaway to Silver Dollar City for their Old Time Christmas Festival, so we left the next morning instead of the original late afternoon we had planned.
The getaway helped him recover to some extent. He truly enjoyed the good Christian atmosphere of SDC, the holiday decorations and the wonderful Broadway style productions of Dicken’s Christmas Carol, It’s a Wonderful Life, A living nativity (all of which were musicals) as well as a lot of good musical shows throughout the park. It really helped him relax.
I did notice him getting tenser and tenser as we got closer to home, but he says he is going into work tomorrow. Ds and I think he should see the counselor the company has offered to pay for, for all the employees. Ds is planning on seeing him himself because the terror of nearly losing his father has been giving him nightmares.
In just a blink of an eye, I could have lost the one I love the most. Praise the Lord it didn’t happen.
It could have happened, but thank God it didn’t, but it could have. Sometime during the weekend dh mentioned he thought we needed to get the wills made asap, because you never know what could happen, we hadn’t completed our Legacy drawer and he thought we really needed to. I agreed whole heartedly. After all, it’s not just him that needs a will, but myself and ds. We are all working out the details more clearly now.
(OK it usually starts this way, then I see a post for an offer I just cant refuse… sigh…)
A member posted about adopting a family for Christmas that needs some items. Guess what? A lot of the items she needs I have hidden in those laundry room cabinets I need to clean.
Getting rid of a bunch of childrens toys, some electronics, and even an old bicycle I dont ever use anymore.
Now that I have someone benefitting from my decluttering, I am more motivated than ever to get that room cleared out. Feels so good to give my junk to become someone elses treasures.