FINANCIALLY FIT HOTTIES THURS OCT 3

[Hotness77]

Good rainy morning

[Hotness77]

Morning

It's been raining since 11ish yesterday afternoon

Yesterday was 210 cc debt and car payment

Today 100 for Bowling for the month

I need to get long sleeve shirts from kohls as the ones I have are too big

[rag8869]

Good morning.

Too big is a good problem to have.

Drizzling here right now but no significant rain in the forecast.

Dermatologist appt today then a long day at work.

Have a great day!

[tootles]

Good morning hots! Yesterday was $30 for date night. I have zero left of my allowance.

I told my DH that starting tomorrow, his payday, I’m really tightening up the budget so if he wanted anything he better get it now. So we hit the liquor store and he bought a bottle of Weller. Lol.

[Gypsy3n8]

Morning ladies.

Ners, I like the broccoli tots with breakfast. Same as hash browns to me but fewer carbs.

DH is home. I could choke him, but he's home. Been up since 3 and I am TIRED.

[madeafan]

Good morning. Hotness77 ,I agree with rag8869 , that too big is a great problem to have!

OK I have a what would you do scenario for you? You know that Dave Ramsey thing where he tells people to be careful getting a loan to pay off CC debt because it makes you feel you have done something when you haven't and too many people just continue to get back into cc debt? That is this picture. More than a year ago it was my husband's idea to go to our credit union and take out a personal loan to pay off all but one of our credit cards. The loan we were approved for covered all but one which was my American Express card. The deal between us was we would close our cards and not use them. Done. Except we still had the AMEX because we were paying on it and we got airline miles etc. A few months went on and neither of us got around to closing our cards. We agreed that if we used one of the cards that had rewards we would pay it off each month. Done.

AMEX offered me a loan at half the rate that I used to pay off the balance of the card. Have not carried a balance on either card. In the meantime, dh started using his cards again and got an AMEX too. They are maxed out now at just over 18,000. I knew he had these cards but I was unaware at how much the balance was. The payments are automatic out of our checking account. So I just recently found out the balances. I'm frustrated because I started this snowball. Dh knows I'm doing this and he knows I've made a budget and I've set our snowball lower than it could be knowing dh needs/wants his spending money. His job is super stressful and he makes the bulk of our income. It became stressful about one year ago when he was given the work of many people when his company was purchased by another.

My what would you do question: AMEX has offered me another loan and the interest rate is very decent and much lower than the rates on any of his cards. The payment for a 3 year term is about 25 more than the accumulated payments on his cards that are doing nothing to pay down interest. I mentioned this to him today. This would change nothing in my other snowball plan and it would be paid off 1 year before the last of our debt (being my student loans which is the last of my snowball) and the house would be our only payment left.

My fear is that if I do this, it wipes out the credit card debt and that he could charge it up again. Yet, that debt we will be paying the same chunk on it with the balances not going down and in 4 years when that debt snowball has wiped out the rest, the 18k will still be with us.

I would really like to get in a place where dh could quit or find something else less stressful but that isn't an option with our outstanding debt right now.  

I've talked with dh a bit more and let him know I really don't want to do this unless we both stop using our cards 100%.  I have continued to use the cards for household stuff or small purchases that I've paid off every single month so haven't carried a balance but I'll give up any rewards if it ends in both of us not using them.  Plus it will make me think harder before I buy something too.  

[Gypsy3n8]

madeafan, I would sit him down and go through this, and then TAKE THE CARDS. Put a freeze on his credit so he can't get another one. This is serious stuff, and he's damaging your long term financial goals by continuing to spend money he really doesn't have.

[rag8869]

Where’s Bens?

This goes back to the “shell game” I have referred to in some of my posts where you don’t really “feel the pain” of paying down your debt and getting your spending in check. You just keep moving balances around to 0% balance transfer offers/loans and the regular monthly spending doesn’t really change. I’ve been guilty of it.

Everyone in the household needs to be committed and invested in the debt pay down process and lifestyle change (no spenders, joint savings goals, etc). I suggest get him involved in this decision making.

[tootles]

madeafan what a shock it must have been to find that large debt!!! I would imagine it’s tough making progress when only one of you is really trying.

I had a friend in a similar situation. Her DH thought as long as they could pay the minimum payment everything was fine and dandy.

She had to go old school on him and put him on a personalizes envelope method. She gave him separate envelopes filled with CASH for golfing, sporting goods shopping, lunches at the pub, etc. whatever his personal interests were had an envelope filled with an allowance for it. She was in charge of whatever they did together.

It worked but only because he was willing to give her all of his credit cards and not open new ones. He said seeing the amount of cash he spent on golf every month blew him away.

As far as going into debt to pay other debt. That only works if you don’t use any of the new lower interest debt to buy something with the leftover money. All the new debt has to be used for the old. If that won’t be the case I’d say don’t do it.

[squid]

Reading some of these posts makes me glad I'm single when it comes to managing finances, but the downside is I have only myself to blame for the mess if something goes haywire.

Yesterday was $8.74 for lunch.  

[Hotness77]

I am getting stuff done this morning!! Some of it is the hardest but the easiest at the same time

Made...your DH has to be 100% on board for this to work. As Tootles said you might just have to give him an allowance. DH and I have separate accounts and our own bills....we split utilities kind of weird but it works for us. We have 1 account that our income tax goes into that is used for major home repairs/improvements or agreeable purchase. We also have an agreement a 2 payment household only (car, major loans). Yes we are on each other's accounts but that is for 911 only, which we Just did that when my mom died and had issues with her money. Our situation works really well for us. friends of mine Took their total approximate bills with the little extra divided that in half and each person is responsible for putting that into their joint account in they sit down and pay the bills together with that money then they each get their own money they also have an agreement on how much goes into savings each week for vacation holidays exedra. And to be totally honest after a horror stories and Each of us in the past being taken down the road I will never have a joint money with anyone.

[Jels]

Morning! Yesterday was what I posted plus $21 for gas. Today should be a no spender.

I'm glad I'm single sometimes, too. I only have half the income, but I'm in total control of it.

Cleaned out my cabinets yesterday and found a few places mice could be coming in, but no droppings or anything. I stuffed the holes with steel wool. The good thing is I went through all my stuff and recycled a bunch of plastics and created a box of random pans to donate.

I also just ran and gave blood and urine samples for my annual physical. I haven't done that in a few years and I'm hoping my results aren't too awful. I know my chokesterol will be high.

[bensgirl1]

Morning.

What the hotties already said. Your DH has to agree to do this before it ever works. I repeatedly see YOU trying to focus on the "he does this" while "I do that and budget and make the plan etc' YOU HAVE TO AGREE TOGETHER TO GET YOUR SHIT TOGETHER PERIOD.

Your DH having a stressful job is just horseshit. My DH gets shot at for a living and he doesn't behave like an entitled five year old. Ners is currently out of work waiting for the union and GM to pull their heads out and you don't see her running off like a petulant child charging up CCs. Gyp (CB BUM) DH had a disabling work event and you don't see him off acting like he 'deserves' to buy shit and put their financial future in jeopardy.

DID YOU ACTUALLY TALK TO HIM ABOUT HOW SCARED THIS BEHAVIOR MAKES YOU!??!??! If it was me, I'd have a come to Bens meeting tonight, demand the CCs, CUT THEM UP WITH HIM SITTING THERE TOO, TOGETHER YOU BOTH call the CC companies and arrange for NO MORE CREDIT, PUT THE STUPID TOYS up for sale on Craigslist etc and call the credit bureaus to freeze his and your credit.

But I go scorched earth when I have to deal with a petulant five year old. He's a grown ass man who needs to realize what his irresponsible actions are doing to HIS WIFE. If work is so freaking hard, why isn't he actively talking to his bosses about getting some assistance so that he is successful and not running like a fool? Overworked = sloppy in many instances.

[Gypsy3n8]

Sing it Sister bensgirl1!

[Hotness77]

Ohhhh boy a Ben's lashing....its been awhile since we had one around these parts

[Hotness77]

Just blah blah blah as I am in a mood

Ughhh so I am stuck right now

I am waiting on 1 thing so I can do another thing that I have been putting off but now finally have
The mojo to get it done. I hate being a person that has to have all her ducks in a neat perfect straight line but sometimes you have to do it

[tootles]

Sometimes I just can’t avoid eating out. Even though I’m going full beans and rice mode this month I know I will eat fast food at least once or twice and go to a restaurant a few times with my allowance so I’m planning ahead and stashing coupons in my car.

So far I have...
McDonalds
White Castles
Outback


I actually need them in my purse since I am often in DHs car when I eat out.

[bensgirl1]

I have a small coupon wallet for restaurant coupons that I just keep in my purse

[sherrydorlando]

Hey Hots:
I wrote out my usual post and it is not here....who knows...maybe I forgot to post it....pfft
Yesterday was a play I had paid for months ago. Water $1; ad lunch with a friend $14 (enough for dinner too). Today will be a football game for the bigs so $5 there.
It was so gorgeous this am that me and the critters took a double walk. 73 and breezy and low humidity...I just stood there sucking in cool air like an idiot!
Ners, perfect problem. If you are still loosing that quick you should check out goodwill....they have stuff with the tags still on it, etc.
Made, if he charged $18K of stuff you didn't know about in just one year I think it will take more than a talk. I think that is counseling material. Bens is l00% right on how to solve it.
I have a restaurant coupon in my purse too. Plus groupons/social living. I never pay full price.

[nachohut]

Hey ladies!

Yesterday was $5 for pizza dinner with sorority.

[sheshyone]

Hi all,

Yesterday was $25 dining out (I re-loaded my chic fil a card). I also bought two lunches out of that and have enough left over to order once or twice more, depending on what I order. It is all budgeted.

[spicy]

Hey hots

Come to bens meeting 😂😂😂

I had a shit day yesterday guys. Real shit. Partially my fault partially not. I’m hoping things are good today. Fml.
So I stayed out of here cause I was really fucking pissed

Made I do dave Ramsey plan exactly how it’s stated and it’s worked very well for me and millions of others .
Not everyone does and they still win but dude is not helping with the win.
All the credit cards gotta go. Fuck those rewards. Other people are fine with it but I’m not. I’m too unorganized to do that. I do keep one cc attached to my bank account that I use for when I’m slacking on my budget and not real sure what’s going on in it or just so I don’t get charged for doing too many transactions that month. Idc if it’s five bucks. I don’t want it. Just to be on the safe side but I pay it off every time I use it .
But that’s the only one and the limit is pretty low.
If you absolutely can’t do away with them then do away with all but one and call and have them make the limit lower. 18k is too much. Y’all need to get rid of that. He needs to quit using it. That’s gonna keep hindering your progress. Where is that card on your snowball?
Idk if I’d do the transfer or not. I don’t think I would cause of what everyone else has mentioned. I’d just pay that mofo off and get rid of it.

[spicy]

So my dumbass secheduled my grocery pick up for tonight instead of yesterday. I called to have them get it ready sooner as I need the shit but they couldn’t so I canceled it and went today. The I spent freaking 50 bucks more than what I had !!!!! Mf !

I guess what I need to do is up my budget for groceries since pop is only packing her lunch now and we are eating out wayyyy less. Groceries have to go up then right ?
She refuses to eat school lunches so I’m buying her lunch crap that I wasn’t buying before. I’d rather her do this but I was so used to groceries only be 400 per month.
So we ain’t eating out no more. Lol. Sucks cause I told her we’d go to pluckers today. But oh well buddy.
I’ll use some of the dining out budget and we will go but idk when. I have all brand new food here now and she’s been begging me to make salmon and it’s thawed so that’s what we’re having.
And I’m so fuckin tired of salmon but how can you deny a kid salmon ? It’s just getting on my damn nerves cause I’m not a real fan of it. I eat is cause it’s good for you but got damn I’m sick of it.

[spicy]

I’m also glad that I don’t have someone fucking up my budget all the time. The kid still does here and there but she can’t go spend on her own😂

My ex didn’t use cc because he couldn’t qualify for one and I wasn’t about to put him on my shit. So we didn’t have that issue but he did cry about not enough blow money all the time and would make up stupid shit like his kid needs something or his mom needs something. The kid lives with his mom and grandparent for free and the bitch got $900 a month in child support do wtf can he actually need. Mom should have gotten a job but she refuses to. Whatever but he would ruin our budget on shit like that when he really just needed money to buy more weed.
That’s over now so idc. Yay

[spicy]

Also my pretty green grass costed me $329 !!!! Fuck that grass. I changed the sprinkler settings to basically nothing. Die mf die !
( my bill is usually 100)