Life After Credit Card Debt – Figuring Out Priorities
Hi everyone. It’s Tricia here with a monthly update. I have to apologize for last month’s update since I completely forgot about it. With the excitement of Halloween, it slipped my mind. I’m a little less scatter-brained this month even with it being the Thanksgiving holiday. My mind is actually pretty clear at the moment thanks to a relaxing visit with family. It’s the first time I have been able to travel to visit my mom and dad for a Thanksgiving in many years so it has been a very nice visit. There is much to be thankful for this year.
I am very thankful we are still credit card debt free. It’s not easy, especially around this time of year with all of the specials. I was very tempted to try to get a deal on an LCD TV but I told myself no. We are not where we’d like to be financially quite yet. Plus, there are more important things to spend money on right now (like visiting with family). Back when we were paying off credit card debt it was all about determining your priorities. The same thing goes once you pay off credit card debt.
I sometimes have my priorities straight. At other times they are way out of line, especially when it comes to specials. There is something about finding a great deal that gets my blood flowing. With visiting family, it made it pretty easy to not wake up early and join in on the shopping. But deep down I wanted to get that rush. I’m trying something different this year and will try reading a few Black Friday articles once I return home. Perhaps I can get a rush from reading about the awesome deals others have received (if you have a story – feel free to share!).
As for an update on our finances, they are doing well. They are not as great as I’d like them to be, but they could be better. Heh, they could always be better 
We decided to do some much needed work around our home that we have been putting off for some time. Some of it we did ourselves and some of it we outsourced. We finally hired someone to cut down a tree in our yard that has been in poor health since we purchased our home. The years went by and I knew we were on borrowed time this summer because a large part of the crown didn’t even get leaves on it. After they cut it down you could see all of the rot in the trunk. My guess is that it would have come down this winter after a heavy snow.
Things went well with deteriming our priority in regards to our tree. I cannot say the same for our car. In an effort to save some money we took off the full coverage insurance we had. Our car is worth less than $4K at this point so we felt that it was time to remove it. I probably don’t even have to say what happened next – it was in a collision that was not our fault. Thankfully there were no injuries and the damage was cosmetic but our car is worth even less now. I did kick myself for a little while for taking off the full coverage. We probably will think twice before removing the full coverage again from a vehicle. We still have a lot to learn
That is all the time I have for this update. I hope all of you had a fantastic Thanksgiving!
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Filed under: Finance, Money Saving Ideas
