live debt-free

I have not acquired any new debt except to a friend to whom I am steadily paying it all back. I will be up to erase some old stuff on my credit report here in a couple of years. That will be nice. We’ll see.

I own a 56K debt i accumulate in last one year, through gambline. I want to get rid of it. i missed big winnings by small margin and it kept me spending more n more. I want to repay all the debt, and leave a peaceful life.

Happy to report that the sewing machine is paid off, I no longer have a debt. :-)

Okay, here’s the story. My friend accidently bid on two of the same item on eBay and won them both – a lovely embroidery computerized sewing machine. So, I have agreed to purchase the second one from her so she wouldn’t be stuck with it, on the condition that I would have to make payments on it, I couldn’t afford to pay for it all at once.

To me, this IS a debt. I don’t feel very good about having a debt, as it goes against my grain. At the same time, it’s helping her out of a jam (her choice is to not pay and get a bad mark on her eBay or be stuck with two of them or try to sell it herself or give it to her daughter).

I will plan to pay this off as quickly as I can, without allowing myself to be in a state of financial hardship.

What I have started doing is paying a little extra on my combo phone / internet / long distance bill every month, so that eventually, I will be one month ahead in payments.

Instead of paying the $83 and change, I pay $95.00. I don’t miss an additional $11 and change, and I am hoping that I can keep this up so I won’t be living month to month.

I know that some people would say, well .. that’s kinda stupid, over-pay a bill every month, why not just put it in savings? Yeah, sure .. okay. At 41 years old, I know myself and I know what I do with ‘savings’. I do set aside $20 a month in my sock drawer for ‘emergencies’, but it’s soooo easy for me to come up with ‘emergencies’ – something awesome on eBay that I can’t live without. .. rolls her eyes …

I will feel better knowing that the phone and internet is paid ahead and if some kind of disaster does strike, I won’t be in a panic trying to get the money to keep up the monthly payment.

I don’t want to be another American. I want to actually make it. I work two jobs and go to college to keep myself debt free.

My phone bill is paid and I am now caught up. On the first of the month, when my cheque is deposited, I can pay the latest phone bill. Tomorrow I will make a payment to Mum’s Visa card for the two charges I put on it. Why did I use it when I had the cash in my pocket? For the reward points, of course! LOL

I was late paying my phone bill, so .. according to Debtors Anonymous, I debted. Why was I late? I had the money, had the bill (hadn’t misplaced it or lost it altogether). Hmmm, forgot? lazy?

Not sure what that’s all about, why did I slip into an irresponsible mode?

I am trying to see if I can go a few months buying nothing but food and gas. So far this has enabled me to cut my spending by several hundred dollars, which I have sent to my credit card company. I’m feeling like I want some clothes right now, and some books, and some music . . . and some makeup blah blah blah and some shoes. Stupid!! Being out of debt is more important! I am also putting off some dental work and going to the doctor, which won’t hurt me at all or I would not be doing it. This stuff can wait for now but if it couldn’t I would go. There’s lots of fun things to do for free that I can do also.

I’ve wanted to do this for a LONG time. I will knuckle down and finish it off after I get out of college and get a job as an assistant professor or something. Hehe. I won’t be miserable about it. Hell, one of my “creditors” has been “paid back” in interest already, and is quite well off enough to “forgive” my “debt”. I don’t even feel a moral obligation or an ethical one anymore, if I ever did, since I’ve been taken advantage of, in my opinion.