Ahhhhh....
#1
Ahhhhh....
Feels good to get out of debt.....
Refinanced our house from a 15 year to a 20 year, took out ~50k in home equity to pay off all of our credit cards and other misc debt. Now the only thing we have to pay on besides regular utilities is the wifes car and our mortgage which only went up ~$100 a month, from $1150 to $1250.
We had access to $180k in equity available....
Refinanced our house from a 15 year to a 20 year, took out ~50k in home equity to pay off all of our credit cards and other misc debt. Now the only thing we have to pay on besides regular utilities is the wifes car and our mortgage which only went up ~$100 a month, from $1150 to $1250.
We had access to $180k in equity available....
#2
#3
#4
#6
Well, I guess it isn't REALLY debt free but going from high interest CC's to a 6% interest is good.
$8000 isn't bad at all. That is about what I had, wife had alot from her college days. Then add in Lowe's and Home depot to them....
Yeah it felt great to pay off my high balance card. It was my first card, and I used to pay it off every month. Then I met my wife. I haven't done that in 10 years...until today.
$8000 isn't bad at all. That is about what I had, wife had alot from her college days. Then add in Lowe's and Home depot to them....
Yeah it felt great to pay off my high balance card. It was my first card, and I used to pay it off every month. Then I met my wife. I haven't done that in 10 years...until today.
#7
i had always hated the idea of credit cards till a friend got me in to a capital one card about 4 years ago. 8% interest not bad. but still a payment.
my bud said i should use the card to buy shrimp traps for extra cash in the winter. funny how things work cuz the winter i bought the shrimp traps. the market price dropped from almost $1.00 lb to about 25-30 cents a lb
i never got my money back for the traps. of course one thing lead to an other. so i bought more things i thought i needed...
credit cards are a bad idea! the only positive side i see is the interest is cheaper then a personal loan.
my bud said i should use the card to buy shrimp traps for extra cash in the winter. funny how things work cuz the winter i bought the shrimp traps. the market price dropped from almost $1.00 lb to about 25-30 cents a lb
i never got my money back for the traps. of course one thing lead to an other. so i bought more things i thought i needed...
credit cards are a bad idea! the only positive side i see is the interest is cheaper then a personal loan.
#8
I luckily own everything, the truck ,the wifes car, and the boat. I use my credit card frequentley to keep my credit moving though B/C I dont own a house. I feel lucky to be 24 and debt free but I would rather have more than 2 nice vehicles and a boat to show for it. But as long as uncle sam gives me a place to live for free I can save for a house.