I dumped the whole thing, $1500.00, into my ING savings account. It was my money to begin with so I will do what I want with it. As far as stimulating the economy, if paying $4.00 for a gallon of gas and similar outrageous prices on groceries doesn't do it, then me buying a plasma screen television isn't going to do it either.
Monday, May 19, 2008
I Have Returned
It has been a long time since my last post, almost 2 months. Nothing much has happened financially. I am still paying down the credit card balance with the 0% transfer from Citibank. Good news on the HELOC, I got the rate reduced almost 2 full percentage points. I guess something did happen. This lowered my minimum payment $40.00 per month. I am only making the minumum payments while still paying down the credit card debt. I will then start to increase payments on this. This is the snowball theory from Dave Ramsey.
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