Originally Posted by
Onyons
This year I started an allowance. I opened a separate checking account and I have $160.00 going into it every pay day. I also with draw 30.00 cash for a total of 190.00. All I carry in my wallet is a check register to track spending. This is all I get until the next payday. I use this for gas, groceries, hair cuts, shoes, clothes, etc. My re-occurring bills like mortgage, and utilities are paid from my main account. I keep this in a separate wallet that stays at home in my safe. My goal is to not use my credit card for any purchases this year. I will pay cash for everything.
I owe about 28,000.00 on my home. I am attempting to become debt free in two years. I have about $14,000 in credit card bills for a total $42,000.00 in debt. My current mortgage is $230.00 a month. I am going to pay off the smallest credit first. I pay extra against my mortgage but I am going to up this amount