Skip to main content
No. of Recommendations: 0
RAD,

I suspect my problem is looking at the numbers too much. I've entered and re-entered my numbers on the snowball calculator on whatthecost.com at least a dozen times. I've also automated payments in the past, but had an issue with a payment landing on the weekend and the bank recording it late. The late charge was reversed but the experience soured me on automated payments. Also my cash flow last year was not as good as it is now, and ran into overdraft fees on my checking. Last year I paid over a $1000 on overdraft and negative acct fees. It was awful. I am so grateful to be in a better place this year.

Gonna go back to the snowball plan. Will automate the minimums on the lower interest cards. Also to stop driving myself bonkers, will only look at the balances once per month. It's when I review my mint account and see all the debt all at once that I start scheming and deviating from the plan.

Hopefully will be posting an Amex happy dance in the next 4 months.
Print the post  

Announcements

UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.