OK – so we are in the first month of working on our new debt and re-looking at our overall financial situation. Well, we started out with a bang. We knew we were getting into the ring with a formidable opponent that we had created. Our poor spending decisions, laziness, and vacations fed this beast. And he was looking to take out his pound of flesh with around an 8% interest rate. And really, in the world of credit cards, that definitely isn’t a usurious rate, but it’s still sucking money away from us.
So, while we’re putting our first opponent through boot camp, we were getting fat and living the high life.
