by Hope
I’m sure you were all wondering with my last update about the emotional credit card payment, what happened to paying off the personal loans first?
I paid Personal Loan #1 off last month. And I planned to pay off the second Personal Loan this month…and I have, mostly.
So here’s what had happened? (Yes, that grammatical weirdness was intentional, don’t come for me.)
As soon as I got paid this month, I started making payments, transferring money where it was to go, etc. And suddenly, I hit my daily limit. Thanks, Zelle!
Ok, I’ll wait til tomorrow to continue.
And the next day I hit my weekly limit. Again, thanks Zelle.
So I’ve transferred all I can with Zelle (no fees for anyone) to where it needs to go…and now have to wait 7 days for my limit to be reset.
I texted my brother with a note on what was up. The balance remaining now is $250. Let him know that as soon as Zelle let’s me, I’ll send the rest of the money. He was fine with that.
And that is the long story about why it took an extra week to pay off my 2nd personal loan.
But now…no more personal loans. (Not counting my dad, but I know that is a personal loan too just never called it that.)
And now we are 100% focused on getting rid of ALL Credit Card debt! Let’s go!
Hope is a creative, solutions-focused business manager helping clients grow their business and work more efficiently by leveraging expertise in project management, digital marketing, & tech solutions. She’s recently become an empty nester as her 5 foster/adoptive kids have spread their wings. She lives with her 3 dogs in a small town in NE Georgia and prefers the mountains to the beaches any day. She struggles with the travel bug and is doing her best to help each of her kids as their finish schooling and become independent (but it’s hard!) She has run her own consulting company for almost twenty years! Hope began sharing her journey with the BAD community in the Spring of 2015 and feels like she has finally in a place to really focus on making wise financial decisions.