Financial Challenges Support Group
This community is for people who are struggling to meet financial obligations of any kind. Financial challenges include everything from the day-to-day challenges of making ends meet to managing credit card debt to bankruptcy. Get support from others who are going through similar obstacles on the road back to financial stability.
I got notice yesterday that my CC bill is due soon. This is the bill I paid off my large medical bill with. By doing this I cut the bill down 1.5% and by paying the hospital within 30 days I got an additional 10% cut off the bill.
The checking account I use to pay these types of bills off has the money in it BUT by using this account I will drop below the $500 needed to keep the account free. I just got my statement yesterday so Ill have roughly a month to get it back above $500.
I originally had all the money in that account but I got a bill from my GP and paid that off in full. I see him at least once a month, so I dont want to owe them anything. I used to hate going to the doctors knowing I owed them money and really had no idea how Id pay it.
I will have two paychecks and figure I need to add $100 each paycheck to get above the threshold. If I cant get it above the $500 I will be charged $2.
I will NOT transfer money from different accounts to make up this shortfall. I am saving money at a rate of 50% of my paycheck and hope to keep that up. That is always the number one bill paid out of my paycheck every two weeks. I have HUGE plans for that money right now though Im not comfortable with sharing those plans.
My other checking account is the money I use for rent, gas, utilities, and groceries. The money is there to put in the other account BUT that account was not set up to fund other things. That account is strictly for my living needs.
I have over $500 in loose change in my apartment. Except for laundry, I never use loose change. That money is also for the future and will not be touched.
I just sold over $200 in ads for my website BUT that money is strictly for the website and projects associated with the website.
Well, right there you get a little glimpse into my budget.
By paying the hospital off early and using the CC I cut the cost by $150 that money was used to pay the GP off and still have $37 on the positive. So even if I am charged $2 next month Im still ahead $35.
The best part? I still havent needed to use the money sent to me from the insurance company to pay these bills. I still have one more medical bill to pay, just waiting to see what insurance will cover.
I used to always rob Peter to pay Paul. Its a very nice feeling to have discipline and a plan for the money I make.
Like I have said, Im tired of working for money I want money to work for me.
The checking account I use to pay these types of bills off has the money in it BUT by using this account I will drop below the $500 needed to keep the account free. I just got my statement yesterday so Ill have roughly a month to get it back above $500.
I originally had all the money in that account but I got a bill from my GP and paid that off in full. I see him at least once a month, so I dont want to owe them anything. I used to hate going to the doctors knowing I owed them money and really had no idea how Id pay it.
I will have two paychecks and figure I need to add $100 each paycheck to get above the threshold. If I cant get it above the $500 I will be charged $2.
I will NOT transfer money from different accounts to make up this shortfall. I am saving money at a rate of 50% of my paycheck and hope to keep that up. That is always the number one bill paid out of my paycheck every two weeks. I have HUGE plans for that money right now though Im not comfortable with sharing those plans.
My other checking account is the money I use for rent, gas, utilities, and groceries. The money is there to put in the other account BUT that account was not set up to fund other things. That account is strictly for my living needs.
I have over $500 in loose change in my apartment. Except for laundry, I never use loose change. That money is also for the future and will not be touched.
I just sold over $200 in ads for my website BUT that money is strictly for the website and projects associated with the website.
Well, right there you get a little glimpse into my budget.
By paying the hospital off early and using the CC I cut the cost by $150 that money was used to pay the GP off and still have $37 on the positive. So even if I am charged $2 next month Im still ahead $35.
The best part? I still havent needed to use the money sent to me from the insurance company to pay these bills. I still have one more medical bill to pay, just waiting to see what insurance will cover.
I used to always rob Peter to pay Paul. Its a very nice feeling to have discipline and a plan for the money I make.
Like I have said, Im tired of working for money I want money to work for me.
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I invited Bill to have dinner with me last Sunday. He wasn't willing to drive 7 hours to mid Michigan and teased me with his beautiful ribs!!! So, of course I ate alone and had cedar salmon
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check out that smoke ring. It tasted really good. I smothered it with Maulls BBQ sauce which is Local to St. Louis and one of the best I ever had.....
Said I owed a lot more money then what I owed and finally they agree with me. This I'm truly thankful for because they are my major practitioners for my heart.
In all paying within a month of receiving a bill I cut the bills by $200 and with my next paycheck on Friday I will get the one checking account back above $500, so I won't have a $2 service charge...
Thank you.