Confessions of a Laid-off Lawyer

Just Your Average Joe Blogging Away His Debt—In One Year or Less

Posts Tagged ‘credit cards

What a Mint!

leave a comment »

Total Black: $2,352.41
Total Red: $269,991.43

Last Sunday, while bored at home waiting to leave to meet some guy for one of those quasi-dates—those “let’s grab a drink” things.  Never materialized.  It was raining too much.  The place we were going to meet at was closed on Sundays.  He’s local so I suspect he may have gotten cold feet.  But I digress.  Anyway, while waiting at home to leave, I started browsing the App Store on iTunes on my iPhone.  Time-killer, right?  Well, I came across one app, Seize the Day, that looked interesting.  Downloaded it.  It’s an app to keeps track of tasks and alerts you to outstanding To-Do list items.  Do we need it?  No.  We can just take a pad of paper and create our own To-Do list.  The iPhone has a Notes section too.  But I thought, why not!  Anything to help organization in this cluttered, electronic world.  But it was the app for the personal finance website Mint.com that really intrigued me.  Keep reading . . .

Good Little Boy

with 9 comments

Total Black: $3,323.08
Total Red: $270,855.95

A discussion in the comments to Burning a Hole prompted today’s post.  I found valid but conflicting information on the internet and in those comments about how to handle credit card debt.  Even Suze Orman has modified her advice.  So I thought I’d take a moment and blog about it. Keep reading . . .

Twelfth Day of Accounting

with 5 comments

Total Black: $109.30

Here’s the Breakdown:

Primary Checking: $12.21
Secondary Checking: $80.64
Savings: $5.50
PayPal Account (Personal): $0.00
PayPal Account (Blog): $0.00
Amazon Payments Account: $0.005
Mutual Funds Account: $0.00

FICO Score 513

Total Red: $270,527.19

Here’s the breakdown:

Credit Card Debt:

Master Card: $4,699.50
Visa: $7,651.50
Visa: $4,000.00
American Express: $2,382.10
Raymour & Flanagan Credit Line: $6,340.68
Saks Fifth Avenue Credit Card: -$0.10

Student Loan Debt:

Federal Stafford Loans: $94,504.20
Private Student Loans: $31,610.26

Back Taxes:

IRS (2007): $0.00
IRS (2008): $27,041.05
IRS (2009): $0.00

NY State (2008): $0.00
NY State (2009): $0.00

Other Loans:

My mother: $72,000.00
My sister: $1,800.00
Auto loan: $18,498.00

Well, there it is.  The good, the bad, and the ugly.  All laid out.  And that’s about as “bad” and as “ugly” as it’s gonna get.  But certainly not as good.  Keep reading . . .

Sigh of Relief

with 7 comments

Total Black: $592.88
Total Red: $252,353.44

Well, just over five hundred dollars is all I have left from the ten thousand dollars my mother loaned me today.  Never thought I’d “burn” through that much money in less than five hours.  Unfortunately, it wasn’t fun. But it was relieving.  A sigh of relief for sure.  Keep reading . . .

Breakdown

with 26 comments

Total Black: $6.71
Total Red: $245,625.09

No, not an emotional one.  A financial one.  Time to break down my finances for the month and lay it out for all to see.

I’m estimating much of the information here.  I still haven’t gotten paid from my current job.  Perhaps by the middle of next month.  So much of this data I’ve calculated on my own.  Once I get my first pay stub, I’ll update my financials.  For now, here goes:   Keep reading . . .

Supplemental Day of Accounting

with 4 comments

Total Black: $85.38
Total Red: $243,602.66

Total Red is down from earlier this week—all-time high of $246K.  But it’s up from yesterday’s post: My First Car.  And all numbers are up from my Eleventh Day of Accounting, so I thought perhaps I’d update my numbers before the 10th of the month, especially because of the recent changes to my finances.  An abbreviated version follows below: Keep reading . . .

Absolutely Infuriating

with 3 comments

Total Black: $85.38
Total Red: $246,889.20

I spent nearly two hours today on the telephone with Bank of America.  And I’m practically at my wits-end.  Keep reading . . .