Skip to main content
No. of Recommendations: 6
I took Step 1 of my new "get tough on debt" plan today. Called Citibank first. I didn't know I could transfer directly to Sallie Mae, so I had them send me a personal check. I'll deposit in my checking account and then send Sallie an electronic payment. I maxed this card out.

Then I called AT&T Universal and found out I could transfer directly, so I maxed that card out. I also reduced my auto-pay to the minimum balance (Citibank is already at that; they don't allow over-minimum autopays).

GULP!!!

Scary! It's funny how, even knowing I just did a rational thing can make me anxious!

Next steps:

2. Complete the Citibank funds transfer.
3. Set up Quicken to remind me to make my new online payment
4. Tweak the estimate on the graph of my plan
5. Sit back, turn my attention to my first and second jobs for the next 18-24 months and watch the line on the graph fall every month when I make the new payment.

I can't believe it's gonna be over so MUCH sooner than I thought!

:D

K
Print the post  

Announcements

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.