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October Bills= A BIG Mess!!!

October 20th, 2011 at 02:26 pm

Oh boy did I screw up this month. I think it will work out in the end but it was difficult to make it through.

I had set up monthly payments a while back for the amount at the bottom of my bill that would get me out of debt faster - the 3 year plan. It was less than $100 more a month for each card but it would go directly to principal. I decided against that about 2 months into paying off my debt and I figured out pretty quickly that monthly automatic payments don't work for me. I like going into my accounts and knowing exactly what is going on with all of my accounts.

So because I forgot about the automatic payments, I ended accidentally paying my Citicard twice this month. I paid the minimum of $250 and another $355 (3 year plan). I decided to use my credit card to pay for my glasses (they cost $271 which is just less than the overpayment). Well when I went to pay, the credit card was declined. The problem was that I hadn't used the card in over 2 years then I went into Walmart and I made two small purchases then tried the big purchase. My account was flagged for fraud so it was declined. I was embarrassed so I just put it on my debit card. Then I realized I was short $626. Ugh.

I had also made the choice to pay off my Discover card this month. I deposited a bunch of money from extra sources and I knew that I could pay it off. I regretted it for a little bit but I knew I could get by if I tried. My goal is to never touch my savings.

So, I decided to be extra thrifty. I was able to get Walmart to switch the charge back over to my credit card instead of my debit card. I deposited my piddly money ($117) back into my checking account and made myself do without it for the month. I convinced my brother to pay me a bit early for the cable and internet bill.

I'm pretty sure made it through the month unscathed!

I paid $1830 to debt and charged $328.24 to my Citicard. That's $1501.76 in credit card payments this month!

To combat my over ambition, I decided that I'm going to pay all of my non credit card bills first. Student loans, utilities, etc. Then I'll figure out how much I can put to credit card bills. I was reluctant to do that since I have tried that method since college and always found something to spend the money on. I feel like I have my goals in place and I'm on my way to meeting them. It feels good to trust myself with the extra money.

November looks like a much easier month.

1 Responses to “October Bills= A BIG Mess!!!”

  1. snafu Says:

    I know how it feels to mess up a payment and guess we all learn fast from these mess-ups. Along with other bills paid on 'desk day,' I paid a CC putting the decimal in the wrong place. The electronic withdrawal that should have been $100. went out of my account as $1,000. and I couldn't see the problem, only the result!

    Luckily I had funds to cover my error. Even more difficult was trying to get the CC to return the over payment, credit on the a/c. Once they get your $$$ they don't like to give it back. They 1st ask I charge more and then insisted the credit remain two cycles.

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