My Personal Finance Progress Report

    Sunday, November 06, 2005

    also, with the holidays coming up...

    I wanted to urge you to check out this article from About.com. It discusses why you should AVOID (like the plague) putting holiday spending on your credit cards. Please, please, PLEASE don't use credit for holiday shopping. It's a vicious cycle!

    Holiday Hangover: Avoid Credit Card Debt during the Holidays

    If you want some great, cheap gift ideas, check out OrganizedChristmas.com. It will help with your holiday planning!

    posted by Karen @ 3:16 PM

    4 Comments:

    At 12:12 AM, Blogger Easton Ellsworth said...

    Don't you just love those credit card offers tempting you to "spend like you deserve it" and "have some extra fun" for the holidays. How dare the credit card companies bilk unsuspecting consumers out of their money!

     
    At 11:11 AM, Blogger unique said...

    One of the things that make Christmas special is the spirit of giving. As children we can’t wait for Christmas morning to open presents. We thought in terms of receiving. As adults we think in terms of giving. And hopefully, our unique Christmas gift ideas are gifts of love. Men look for just the right gifts for women. Women usually shop for men, their own children as well as others, and for family and friends. Here are some suggestions to get you started. http://unique-christmas-gift-ideas-tips.blogspot.com .

     
    At 1:35 PM, Blogger Yulian said...

    I hear that. People spending money left and right when the holidays come around. My financial advisor is already used to me splurging so I make sure I keep some of my portfolio liquid for when i need the cash.

     
    At 1:36 PM, Blogger Yulian said...

    I hear that. People spending money left and right when the holidays come around. My financial advisoris already used to me splurging so I make sure I keep some of my portfolio liquid for when i need the cash.

     

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    A blog designed to track the progress I make in paying off debts and saving for my future, as well as a few goodies I find along the way.

      "Spending money is a control thing, like dieting. You can either decide you want everything, eat it all and end up fat. (Sometimes eating, like spending money, is a way of telling the world I will have everything I want!) Or you can realize that you can’t realistically have everything and decide to enjoy the things you love the most—only less often and in smaller amounts. Money and food are control issues and everyone handles them differently despite the consequences. It's that simple." ~Making Bread Magazine

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                  2006 Goals

                    * Put at least $350 in savings each month. * Eliminate the car loan for the Grand Am (starting: $5300) * Reduce the Mustang loan by at least 8k.(Starting $19k) * Seriously look into refinancing both vehicles. My credit has gotten better and I am definitely due a better rate than I currently have (about 12% on both). * Right now I am contributing 10% to my 401k. I am going to leave that alone until I pay off the Grand Am, and then re-evaluate, maybe bump up just a bit more. Maybe open a Roth IRA as well. *Increase my net worth by as much as possible.

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