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comment by ecib
ecib  ·  3941 days ago  ·  link  ·    ·  parent  ·  post: Today, I Paid Off My Credit Card.

Congrats on that. I put myself through school (along with Pell Grants, thank you America) partially with the help of what would become a maxed out credit card. When I paid it off, it was a great feeling. Next step: You can get the same feeling by dumping money into savings and investment accounts and doing compounded interest calculations :P





_refugee_  ·  3941 days ago  ·  link  ·  

But before we get there, tell me about YOU! I don't want this to be a thread that's only or all about me even if I do start off tooting my own horn. Please! I want to celebrate everybody.

Edit: And thank you.

ecib  ·  3941 days ago  ·  link  ·  

I paid it off a long time ago, but I can tell you that before I did, I learned a nasty lesson about minimum payments on a large balance :) When I finally paid it off, it was a massive chunk, all at once essentially. For a while there I was throwing good money towards interest and not principle. Lame sauce.