So yesterday I called my credit card companies and tried to lower my intetest rates.
Good news first:
Cap1 was lowered to 7.9%! YAY!
Disc will remain at 0% until Sept 19th. Then it goes to 15.99%
Not so good news:
Amx will remain at 15.99%.
My plan of action is to not carry a balance on the cards that are paid off (Amx and Disc). If I pay my entire bill, I can avoid fiance charges.
I will try my best to pay off Cap1 as soon as possible.
Then I will call back at the start of October and ask for a lower rate.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
So as I have revealed, I am a recovering shopaholic. I've also read some interesting blogs which helped me realize that I'm not alone. The difference is that the people I've read about have a stronger willpower than I do.
I will shop on impulse and it doesn't even matter which store! I could be in Barney's New York or Forever21 or the supermarket...I always end up getting way more than I plan to. At first I feel elated and excited about my new outfit or the ingredients for the 14 new recipies I HAVE to try, then guilty I just spent the money that could have gone into my savings. (PS I've stopped kidding myself about the 14 recipies)
So I've avoided large shopping areas and I always take along a frugal friend (They are on the brink of extinction in these parts)when I go shopping.
Biggest hurdle: FRIENDS!
They are a bad influence on my finances.
Lower Interest Rates and My Shopping Habits
August 6th, 2008 at 05:24 pm
August 6th, 2008 at 05:36 pm 1218044162
August 6th, 2008 at 05:50 pm 1218045034
And just remember, anything that is bought, can be taken right back with a receipt. If you are with a "spendy bad influence" friend and fall off the wagon, just go back and return the item ASAP. You can do it!!
August 7th, 2008 at 01:47 am 1218073651
Good call not tempting yourself!