Skip to main content

Decisions

Thanks everyone for your comments and advice regarding my last two posts.

In regards to the American Express reward, I have decided to wait until I am able to redeem the reward and make a decision then. Based on the fine print, the reward points will show up on my account 10 to 12 weeks from now. Thats around late September, early October. A lot can happen by then. So I will choose a reward that better fits my situation at that moment.

Due to the severity of my financial status, I have decided to put a hold on the whole vacation account. I need to focus as much as I can towards eliminating my credit card debt. And there is no way I can take a vacation and enjoy myself knowing full well what awaits me when I get back. I think I'll just wait until after I buy my house and payoff my debt. Then I can enjoy my vacation guilt-free.

Laptop fund is going away also. The laptop is something I wanted not needed. I have survived until now without one, so another year won't matter.
Labels:

Comments

krystalatwork said…
Good for you for making a decision which will put you in a better financial situation in the long run.

Just think, when you are debt free, you'll be able to save up $$ in no time to pay for a vacation and a laptop! :)
July 15, 2007 at 2:11 PM
Dimples said…
:-D. And I will be a very happy woman. tee hee
July 15, 2007 at 8:00 PM
ms.voad said…
That is quite a wise decision Dimps... I was like you and wanted to start so many funds right now especially since i am moving but I recognize that I only need an e-fund and the rest of the "wants" will come when I have done what I "needed" to do!
July 17, 2007 at 10:27 AM
Post a Comment

Popular posts from this blog

Home Purchase Plan - How I faired

Back in January I developed my Home Purchase Plan (HPP for short). I listed exactly what I was looking for in my new home including my needs and wants. I printed up my HPP and carried it will me everywhere. I especially took it with me when I went house hunting with my agent. I had a momentary relapse (I'll explain more on that on another post) but got back on track and stuck to my guns. I ended up with a beautiful house that fits all my needs and wants. HOME PURCHASE PLAN The home I want: Price: $0 -> $190,000 $180,000 Ideal Monthly Mortgage (including taxes, PMI, HOA, & hazard) : $1200 (max $1300) $1310 Location: Surrounding Orlando Area Check Bedrooms: 3+ 4 Bathrooms: 2+ 2 Square footage: 1700 s.f. + 1810 sf Year Built: 2000+ 1998 HOA: $100/month max $150/yr NEEDS: * A-rated school district Check * Quick access to major highways Check * Good daycare Check * Nice
9 comments
Read more

Being frugal pays off big time

I have been racking my brain over ways to furnish my house but NOT bankrupt myself in the process. I created a shopping list/budget for things I will need to purchase for my first house. Even after using sale prices for pieces at modest furniture and home decor stores, my total was inching a little over $7500. This includes all appliances, living room furniture, formal area, two bedrooms, dining, office, rugs, decor, and lighting. My facial expression ----> (Translation: "Good lawd dats a lot of money!!") So I started searching through sales papers, visited some furniture stores, and found different areas to cut back on. After recalculating the shopping list, my new budget is around $6500. My current facial expression ----> (Translation: "Uhhhhh....") Now I had only been looking at brand new furniture. I came across a website, Apartment Therapy , that I found very resourceful and pretty neat. I was inspired and started searching Craigs List
8 comments
Read more