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Showing posts from March, 2010

A New Master?

Well, my debt is under $10 000 and settled nicely into my Line of Credit at 5.25%. The only strategy I had planned for the next year-and-a-bit is to plug as much money possible into that account to pay it down to $0. I was looking forward to starting with my next paycheque on the 28th (I get paid once a month, right?).

I figured at least one of my credit card companies would come sniffing around since they all have zero balances. So I don't know why was I surprised today to receive an invitation from MBNA to switch to their PremierRewards card. Normally I shred these invites but today I sat down and looked it over.

If they approve me for $10 000 I can move my LOC balance over and pay 1.99% for ten months. The "small" print at the back of the page tells me that there is a balance transfer fee of 1% of amount transferred with a minimum fee of $7.50. So right off I will pay $100 to transfer over. Interest on $10 000 is $16.58 per month, which would go down if I continue to …

Axing the Amazon Associates Store

I was excited to learn that Amazon.ca was going to send $15.61 to my chequing account for being a part of their Associates program. All I had to do to earn this was post a link on my sites and encourage people to click through my link to purchase their books and music. I have had the links up for over a year but it wasn't until this past xmas, when I started to harass my facebook friends, that I made the $15 and change.

I waited for the payment to arrive to my account, and in anticipation, sent $15 to a friend getting married who was selling stuff online to raise funds for her wedding. I sent it as a gift, not wanting anything in return. Meanwhile the $15.61 never arrived.

I began investigating over the past few days, using their online forms. I have to admit the responses were fast! First I was told that the payment had been returned by my bank, and to verify my bank information on my account page. I did this and let them know, and received a second response telling me that I had…

I MASTERED MY CARD

Received my T4 at the end of February and immediately filed online. Received my income tax refund by direct deposit today and PAID OFF MY MASTERCARD. Looky at the pretty sidebars. I moved up the debt bar because I'm so proud.

People have been asking me how I cleared $11 000 worth of debt in 15 months and to be honest, I'm not quite sure how I did it. I'm making a mental list and hope to type it out and post it soon.

Hope you're having a great weekend. Mine just got that much better :)

Seriously,
Karissa


Get Smarter About Money

Apologies if this has already been spammed about the web, but a random click on an ad banner (yes, sometimes I click!) brought me to this site.

I haven't have a chance to go through all of it yet, but at first glance I do like the look of it.

**This is not a sponsored post**

Seriously,
Karissa