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My Personal Blog
The thoughts of Stephen Daniel Kropp
Sunday, December 16, 2007
Getting Out of Debt
I have decided to take drastic measures in order to relieve myself of credit card debt once and for all. I read the book "The Total Money Makeover" by Dave Ramsey and it really inspired me to do something about my debt. The final motivator came in my last credit card statement where somehow my APR has been raised to 78.65%. I can't believe that is even legal. So as of today I have paid off two of my credit cards and am paying nearly $450.00/month on the remaining card. Needless to say I will never be using credit cards again!
Labels: financial
posted by Stephen Kropp @ 12/16/2007 09:16:00 AM
1 Comments
1 Comments:
Yes, it is scary if you ever wanted to add up all the interest we have paid in interest payments- we could be millionaires! Keep up the NO CHARGE CARD mantra!
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