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Author: mom4boys4 One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308643  
Subject: HERE IT IS - MY MAJOR CC DEBT !!! Date: 2/21/2007 3:43 PM
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Ok everyone HERE IT IS - MY DEBT - MY UGLY UGLY DEBT !!!!!!

Any questions or advice PLEASE post - I'm up for any cost savings you can think of.


TOTAL GROSS yearly income: $93,399.00 (2006) Not necessarily the same
for 2007

TOTAL CC DEBT: $71,003.97 (more than I thought)

MONTHLY EXPENSES:
Mtg. payment $1,553.35
Taxes 598.62 ($7,183.54/year)
Medical 167.26 (deducted from paycheck)
Dental 10.42 (deducted from paycheck)
401K loan 8.84% 414.56 (deducted from paycheck)$20,000/loan
4,873.10 fin chg.
120 payments
401K Retirement 85.00 (approx.)
Unsecured line of cr. 103.00 (checking acct.)
Unsecured line of cr. 70.00 (2nd checking acct.)
HS Tuition 1,260.00
Homeowners 112.75 ($1,353.00/year)
Car Insurance 203.20 ($2,094.00/year)
Car payment 238.53 (Leased -year left on monthly payment
then $20,000 due)
Life Insurance 95.00 (Whole life insurance policy. Borrowed
$10,000 against it to pay bills. $582.00
interest payment is due March 07)
Cable 133.00 (includes cable, home phone, computer)
Sprint 180.00
Electric 250.00
Orthodontist 135.00
Fuel - Oil 150.00
Sprinklers 14.48 ($173.80/year)
Water Bill 11.00

Religion Classes 28.33 ($340.00 year)
Art classes for son 337.50 ($4,050/year)

CREDIT CARDS:
Mine:
Capital One Balance: $9,258.00
Min Due 187.00
Fin Chg 102.45
Limit 14,300.00
12.0%

Chase Balance: $1,811.83
Min Due 66.00
Fin Chg 48.17
Limit 2,406.00
29.99%

Citibank Balance: $2,921.28
Min Due 43.00
Fin Chg 10.22
Limit 16,300.00
3.99%

MBNA Balance: $8,718.23
Min Due 253.00
Fin Chg 204.62
16.99% (They just lowered this rate)

GMC Balance: $4,850.00 (just transferrerd this amt from MBNA)
0%
Haven't received a bill yet

Ann Taylor Balance: 519.85
Min Due 26.00
Fin Chg 13.69
22.80%

Kohls Balance: 215.16
Min Due 10.00
Fin Chg 0.00
21.90%


HUSBAND'S

MBNA Balance: 7,640.65
Min Due 224.00
Fin Chg 149.77
Limit 11,500.00
24.99%

Chase Balance: 9,846.86
Min Due 244.00
Fin Chg 145.61
Limit 12,000.00
17.24%

Capital One Balance: 10,885.48
Min Due 250.00
Fin Chg 177.04
Limit 21,500.00
19.80%

Bank of Am Balance: 6,011.39
Min Due 120.00
Fin Chg 60.54
Limit 8,000.00
12.23%

Discover Balance: 8,325.01
Min Due 183.00
Fin Chg 167.29
Limit 17,000.00
14.99% (new rate just had it lowered)

OK just to point out this does NOT include any groceries/gas/haircuts/b'day gift, parties/X-mas/Medical copays/entertainment/sports and activities fees/car repairs/household items and decor/clothing/shoes/personal items/etc.

BCB





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