Paid in FULL

At 5:32 pm, I paid off one of my credit cards … IN FULL. No more balance. All credit is available. And here’s proof …

Click to enlarge

It is such a good feeling to have that thing paid off. I never thought I would. I’ve had it since 1995. In college, I used it more than I should have. But at least it was for college related expenses like books and for food. Gotta eat. But still … I racked up a bit of a balance on that thing.

But that’s all gone now. I’ve made my final payment. I am planning on keeping it, but don’t plan on using it. If I have an emergency, it’s there. But if I have an “I really want that” moment, I’ll just have to deal. LOL

I do have one more credit card. Another that I’ve had since 1995. Again, more college expenses. But I also put other stuff on that one that I shouldn’t have … my couch, my tv. But those were things I needed. The tv wasn’t extravagant … it’s a 19 in that replaced my 13 in. And I needed a couch. I had my first apartment by myself and needed furniture. This one should be paid off by the end of the year, if not sooner.

Since the first one is completely paid off, I have the money I’ve been sending to that one will be split between the second one and savings. Like I mentioned in a previous post, I want to open a second savings account specifically for saving for a house. I’ll probably wait a month or so before opening that second savings account, but I plan to do it before I pay off the second credit card. The sooner I start putting money in it, the sooner I’ll have enough to start house hunting … and THAT can’t come soon enough.

So, other than the second credit card, the only loan I have left is my student loan. And I think I remember reading or hearing somewhere that that is a good kind of debt (if there is such a thing … LOL). So I won’t be sending extra to that. I’ll keep making my payments and slowly whittle that down. My other bills are all monthly bills. Well, except for my car/renters insurance. But I’ve been paying 3 months at a time on that one for a while now. So I feel good about my financial state.

Hopefully I haven’t jinxed myself now by saying that.