That was last Friday. Now, it is gone.
My checking account was rich for one day exactly.
What Happened?
$2,621.17 of the tax refund has gone to pay off the Chase Sapphire Card's total balance. The Discover More Card will be my next target. That's $11,955 more debt to go!
$2,621.17 of the tax refund has gone to pay off the Chase Sapphire Card's total balance. The Discover More Card will be my next target. That's $11,955 more debt to go!
The remaining amount (~$1,500) has gone to the ING Direct/Capital One Savings Account to kick start the Emergency Fund again. I'll be needing every cent of it once the time for my surgery rolls around, when I would be without a paycheck for a month (Hopefully, less).
As much as I'd love to put all towards my much needed emergency fund, I couldn't resist paying off the credit card with highest interest, especially when its total amount fits well within the tax refund. It's one less payment that I would have to worry about each month.
The Debt Progress Bar will be modified to reflect the change. Yay! Tiny steps, Tiny Steps....
I bet it was great to have a $4000 on your account. But you did a good thing. Many would let themselves relax and spend a couple or two hundreds of dollars while you did not. You should really be proud of yourself. You know, I got stucked with my direct payday loan providers because of being not able to return my debts, so this this year I am looking forward to pay off all of my debts with tax return. My husband and I have filed for a joint tax return and I can tell you that we are planning to spend each cent by taking care of our debts
ReplyDeleteThanks for sharing, that tax return must have been nice!! I have been trying to save some money after I got into an accident and have been going through the Structured Settlement process. I am trying to save as much as I can. Great post, thanks again!
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