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17

Feb

How Much Am I Paying ?

Ted 

I get paid fortnightly and have automatic deductions in place to pay my credit cards and consolidation loan.

In total, each fortnight I am transferring $540 to reduce my debt balance. I also get a little bit of extra income from a few of my websites (less than $100 a month but I’m working on that) which I divert to my credit card balances.

The unfortunate part is that I have about $150 in regular payments for insurance and web hosting being paid from my credit card. It’s basically a convenience thing. but when you add to this the amount of interest I’m paying then I’m going nowhere near reducing the debt by the $1000 a month I’d like to be.

I need to bring in more money!

This entry was posted on Sunday, February 17th, 2008 at 9:02 am and is filed under Payments. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

9 Responses to “ How Much Am I Paying ? ”

  1. # 1 Helen Dawes Says:
    April 25th, 2008 at 7:20 pm

    Hello,

    I have looked through your blog and found a lot of helpful information. Is it possible either to put a link to my site in your own posts or to place my post with my link at your blog? Wait for your answer.

    Best regards,

    Helen.

  2. # 2 Alissa Says:
    June 3rd, 2008 at 9:06 pm

    Hi! I have a credit card website and I am interested in advertising on your blog. I am looking for links (post level ads, etc). Please contact me if you are interested. alissa.toothpick@gmail.com

  3. # 3 John Says:
    August 26th, 2008 at 3:44 am

    For those of you who are in financial troubles because of credit cards, you should purchase the book entitled: The Fine Print: What They Don’t Want You To Know About Credit Cards and Collection Agencies! It was written by a man who spent almost seven years in the collections field, but left after his “moral compass” started to point in the right direction. There are a lot of helpful facts in the book! His orders are taken by email contact or by calling 716-804-1673.

  4. # 4 peter Says:
    September 4th, 2008 at 2:09 pm

    have a look at this innovative credit card debt reduction site http://www.schreditcard.com rgds peter

  5. # 5 Laura Says:
    September 9th, 2008 at 9:20 pm

    Hi,
    I’ve visited your blog ( http://www.ccvictim.com ) and found out that it contains a lot of useful and interesting information for me. I’m searching for advertising. Can I buy links on your pages? Or can you write a post with the link to my site? How much does it cost? Please, let me know whether it suits you or not. Waiting for your soon reply. Thanks a lot.

  6. # 6 Balance transfer credit card Says:
    September 29th, 2008 at 5:03 pm

    Just get a balance transfer credit card with 0% interest rate.. You’ll pay some transfer fee, but after that it’s a good way of saving money to pay of your debts..

  7. # 7 michelle Says:
    October 19th, 2008 at 2:14 pm

    Or you could apply for a card at: http://www.apeepa.com

  8. # 8 Citibank Personal Credit Says:
    November 13th, 2008 at 3:28 pm

    Going with a Personal Credit is your best bet. You could go with a Balance Transfer Credit Card but that’s only for 6 months. The personal credit will allow 7.9% for the lifetime. Consider it.

  9. # 9 Car Loan Compare Says:
    November 13th, 2008 at 3:30 pm

    A Car Loan could be an option, they are pretty cheap. Get a loan, buy the car, sell the car for even more and there you go - more money to pay off your debt.

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