Paid Off 3 Credit Cards & I Feel AMAZING!

level goes to 11

So, it is not my first time paying off credit cards, but the first time I’ve paid off more than one at once.

While is my 312,434,343,343,139th attempt at paying off credit cards, I really think it will stick this time. Seriously. I’m addicted to crossing credit cards off my list. But anyways…

I paid off three credit cards at once, for a total of around $1400 – and I’m so excited!

My debt paydown plan is to look for ways to lower my minimum monthly payments on credit cards by paying them off. For instance, if I have two credit cards that have a similar balance and one has a minimum payment of $20 and the other requires a $35 minimum monthly payment – I pay off the one with the $35 payment.

I figure this is the best way to maximize the amount of money I have available to pay on debt each month. Plus, if anything terrible happens financially, I will already have lowered the amount of money I need to make each month to cover all the bills.

And, if all goes as planned, I should be able to eliminate another card in December! Wahoo!

Original image By Defame (Eleven) [CC-BY-2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.