Comments on: Knowing What IS

By: Diane

Diane — Tue, 02 Dec 2008 20:43:28 +0000

@ Adrian – I’m still trying to eliminate Chase from my life, but the remaining debt and card I have with them (they bought up all the cards I have it seems) are fixed rates and lower than my mortgages even (both of them). My life is a complicated spreadsheet based on what’s possible in what time frame more than “full steam ahead” but “we’ll get ‘er done!”

By: AJC

AJC — Sun, 07 Sep 2008 03:55:23 +0000

@ Di – My wife spent quite a bit of time on the phone with Chase today and we pay off our cards (believe me we have plenty!) every month in full! Not happy …

By: Di Eats the Elephant

Di Eats the Elephant — Sat, 06 Sep 2008 19:44:29 +0000

Thanks, Scott!

To All – Chase wouldn’t cooperate this time, so I’ve transferred most of that balance over to Discover Card at a much lower rate (12% lower) and paid off the remainder. It’s a limited-time lower rate, so I am going to put most of my bucks against eliminating that debt next.

By: Scott

Scott — Fri, 05 Sep 2008 19:15:13 +0000

Great post Diane! Good reminder that we all have to know where we are and where we want to go if we want to be on the right track to get there!

By: Di Eats the Elephant

Di Eats the Elephant — Fri, 05 Sep 2008 17:24:08 +0000

Thanks, Mark!

Rachel, I think you are looking at the right train, too. Have you read the 4-hour work week? One thing the author did that is very helpful to me is show how to break the kinds of tasks we’re looking at now (the Elephant) into bite-size chunks. I found that really helpful.
Good luck to you both as well!

By: AJC

AJC — Fri, 05 Sep 2008 17:21:40 +0000

@ Rachel – sounds great! Share with us all as you go along … and, don’t be afraid to ask/give advice right here at 7m7y.com it’s a resource for everybody!

@ Mark – Thanks! Looking forward to your first post, with picture of Trevi fountain!

By: Mark

Mark — Fri, 05 Sep 2008 16:47:54 +0000

Now that we have defined A and B, I hope we are in the right train going to B. Good luck Diane!

By: Rachel

Rachel — Fri, 05 Sep 2008 15:43:03 +0000

This kind of organized “where I am” and “where I want to be” seems like a great exercise to do on a regular basis.

I’m doing good on the Money 101 front but it’s time to step it up and start making the money I’m saving work for me. In the short term, I think that means I need to start researching and planning to start a business.