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Looking the Dragon in the Eye

December 20th, 2006 at 03:27 pm

Today I gathered up every bill I have that is outstanding. Primarily they are medical bills, with a Visa card also with a $4438.73 balance. The actual total rather than the $18,000 I have been blithering about is really $28,729,74. Big difference, huh? Best to get real, as DrPhil says. I will be paying $400 per month....which means there are almost 72 payments. If I divide that by 12 months that means I should be finished shortly after 6 years. Now I am a 63 year old woman. Maybe on my 70th birthday we can all have a party. I know this is not exact because my Christian Childrens Fund payment goes on the Visa each month.But I am more aware today of what I am up against than I was yesterday. I took every bill......one hospital bill is divided into ten bills and made special sheets for them. I organized them in a "snowball method" with the smallest $44,00 due to be paid first to the largest $5103.00 last. As I said, this is not perfect, but I have a clearer understanding now, sheets to keep track of everything (looks like a small book) and I am ready to go. To celebrate I threw $10.00 into my new Visa savings account; total $35.00 there and my EE bonds equal $25,00 (hahahahahaha). You can see that I really AM a baby doing the baby steps.

6 Responses to “Looking the Dragon in the Eye”

  1. janH Says:

    It really made a difference to me when I finally took the step to list all the debts and just see what I was facing. It took me awhile to get up the courage. Good for you! It is hard not to be discouraged, but after you see them start to slowly decrease, each victory is a big deal. As one person told me on my blog, enjoy the journey. I have itty bitty baby steps going on, but at least I am moving now. We're with you!

  2. Broken Arrow Says:

    You go, mary!

    Love the title, by the way.

  3. marymara Says:

    Broken Arrow, you are a HOOT! I've enjoyed reading your blogs. I've just received a call from a service that reduces one's payments by half. My FICO score is already in the tank, and asking a service to step in would make it worse I think. So I am not really considering that at this point. What you can do for me BA is check my math........LOL
    Jan, I love hearing from you. You are all so kind.

  4. Ima saver Says:

    Mary, it is a start and you are doing great. We are all pulling for you.

  5. Diolla Says:

    I think you are terriffic, keep it up and life may have a nice surprise for you.

  6. miclason Says:

    I find that, once ou realize just where you stand, you become more aware of opportunities to make money/pay debt instead of spending it!

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