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Personal Finances / Credit Cards and Consumer Debt


Subject:  Re: Positive net worth! Date:  11/4/2003  8:05 PM
Author:  Broknomo Number:  172746 of 312716

Mmmmm $100K! That will be one really happy dance!

I owe it all to the Fool. Before I started lurking around these boards, I was paying off my debts, but in a casual, 100 bucks here and there way. After I used up my free month's subscription I bought Quicken (Not the newest version. 2002 version for $5. I was learning fast!) and started writing down expenses. After the first month I sat back astonished. I was spending $300 a month eating out! That was not including $150 on groceries. From then on it was lunch from home for me.

I have discovered the sweet pain of removing a large fraction of my salary away from sight as soon as possible. I am enjoying the process of waiting until I have paid off my cousin before going off to buy a car, even though I have a FICO good enough for a car loan. Until then I am reading up on everything I can find on the Net about inspecting and buying used cars.

It is a whole new life for me.
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