Category Archives: Debt

Taxes Paid With Credit Card

Recently, I wrote about the fact that I owe $6000 in taxes. In that post, I contemplated paying about $4000 from my personal income and $2000 from the sale of stocks from my dividend portfolio. Since making that post, I was able to come up with the full $6000 from my personal funds. So, I… Read More »

Debt Payoff Report – January 2024

Welcome to my first debt payoff report of the year. As noted in previous reports, the first few months of the year are going to be tough. My income will be limited and my debts payments are high. But, as I am writing this at the end of February, I can see light at the… Read More »

Debt Payoff Report – December 2023

This is the last report for December 2023 I will post. It is time for the debt payoff report. Over the next 5 months, things are going to be tough. I have limited income coming in as I have no job. Also, my expenses remain high. However, each month, I consistently pay down on my… Read More »

New Credit Card – I May Cancel

Well, I feel like an idiot. As you are aware, I am deeply into credit card debt. My current credit card balance is about $20,000. My goal is to pay this down as fast as possible. There are numerous strategies to consider. One such strategy is to apply for a new credit card with a… Read More »

When It Rains It Pours

There’s an old saying that says that when it rains it pours. I feel that’s true for me right now with the amount of money I am spending on my credit card. In my last post about my September Debt Payoff Report, I reported that my credit card debt is likely to reach a whopping… Read More »