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Archive for February, 2007

Riddle me this???

February 24th, 2007 at 10:59 pm

I'm getting to that age where I should really be contributing to an RRSP of some kind... I'm thinking GICs/term deposits at this point...

I guess my question is, why would I do that (aside from the tax relief) when I have outstanding credit card debt? In the same vein, should I not be powering to pay off debt before I put money into savings? Thoughts?!

It seems to me that serious RRSP pushers are the same people who may lead you astray and convince you that home equity (even in a ridiculous Vancouver market) is the be all and end all...

Tricky tricky...

February 22nd, 2007 at 03:43 am

Is it sneaky of me to switch to hubby's bank so that I can take "his" money from the joint account and withold it from him in my personal savings account?

I want to save $834 a month between us so I can show him that we saved $10,000 in a year. And it will be painless... mwahaha!

Music to my ears...

February 22nd, 2007 at 03:26 am

I just sold a bunch of older CDs that I never listen to anymore to a used CD place... $50. Big Grin

I've never bothered selling stuff before - usually just threw it out or gave it away. I live in an apartment, so it is hard to do the "yard sale" thing. Encouraging to know you can sometimes get cold, hard cash for your junk.

In other news, I just made $1400 in payments to both my credit cards, closed down accounts at one bank to switch to hubby's, and will finally be through with my gym membership (never again). Streamlining is the key people - I finally feel back on track.

My personal debt:

Student loan $5000 (still hovering)
Credit cards x 2 $1800
Bedroom set (do not pay for a year) $1000

I plan to use my tax refund as well as hubby's to pay off the bedroom set. I am a firm believer that you have to pay things off in a way that WORKS for you... the idea that while you SHOULD be paying off higher interest items makes sense, but you also need to feel like you are ticking things completely off your list to keep moving forward.