• Skip to primary navigation
  • Skip to main content

I'm Gabbie

  • Contact

Getting out of Debt

July 24, 2014 / by gabbie / Leave a Comment

 

debt

 


Over the last couple of years of my twenty’s I got into credit card debt and one little mistake of not transferring money from my savings to my checking cost me more then I wanted. So now I have to be more responsible . At first that made me mad but it was a wake up call. It meant that I had to get out of credit card debt . Which meant adding more debt to my current debt which is includes my student loan .I started 2014 with three credit cards and  so far I have paid off one of the cards and I’m on card number two right now with less than $300 to go !

As for card number 3 it will take a while because that card is over $1,400 and I haven’t used any of my cards this year at all . Trust me its been hard . But when I go into the stores these cards are from I go in and pay my bill .If I need anything I pay in cash . Paying cash has made things so much easier .I’m spending less. Which is pretty awesome because when your on a tight budget  you need to be responsible. Paying cash also means that I stick to a budget . If I have $40 and I need to by my essentials like :

bread, frozen fruit for smoothies and cheese and peanut butter and yogurt.I stick to my budget. Ill be posting how I stick to a budget when I buy the stuff I buy . Mind you I live with my parents but I  still  stick to a budget. I haven’t bought any major make up in about 6 months.

 

 To break down how i’m paying my Credit card debt :

 

Card #2’s max pay is $35 a month I give them a $100 each month.

Card #3  is $80 a month  I give them $85 each month

Once card #2 is paid off Ill be paying $185 each month . If  my math is right ill be done with card #3 in about 7-10 months .  When card #3 is paid off Ill have $185 to save up each month for when I can officially move out or go on a trip.

 

 How are you getting out of debt ? Comment below!

Share this:

  • Facebook
  • Twitter
  • Pinterest

Filed Under: Random

Previous Post: « Beauty Box5 number 1
Next Post: Movie review : Nymphomaniac part 1 and 2 »

Reader Interactions

Leave a Reply Cancel reply

Copyrighted 2019-2020|ImGabbie.com is running on the Genesis Framework + Using the Boss Pro Theme|