I have 2 0% credit cards right now, one I put on my A/C and the other I just put property taxes on. I have until Feb and March 2023 to pay them off.
Blue Amex 0% March 2023 $6041 - paid $2k today , $4041 balance
Wells Fargo 0% Feb 2023 $18,864 - paid $2k today, $16,864 balance
It's a lot more debt than I am hoping to carry. I did use the DH's extra paycheck this month but basically it paid for our lawyer bills for setting up our will and trust. That was $8800 paid for on a CC in full. Everything else I've paid ahead basically.
Now how to pay off everything in 6 months? I owe $20k in 6 months. Ugh and yikes. Our property assessed value went up 40% in 1 year from 2022 to 2023 so I'm a bit nervous about what that might do to our property taxes. But I have $8k set aside for property taxes and auto insurance etc in August. Guess I'll be posting on here to keep me honest. I guess my goal will be paying off the $4k blue by august.
June 19th, 2022 at 06:08 pm 1655662101
Our property taxes went up $800 this past year and was up over $200 the following year. Granted, that's a drop in the bucket compared to what you have, but housing in Central Illinois isn't as expensive as other parts of the country and wages aren't as good either.
I'm sure you'll figure out ways to get the debt paid down; sounds like the other things were necessary so it wasn't like you were out spending foolishly. I have faith you'll figure out a way to pay it off!
June 21st, 2022 at 08:05 pm 1655841927