Paying my debts all at once
Since 2007, I have a little savings from my online freelance writing work (blogging). My husband suggested that it should be put in a separate joint account for our family’s future use. And he’s right with it. This year, I asked permission from him that if possible I can use that joint account savings in paying my HUGE PayPal Smart connect credit. Thank goodness that he said YES to my plea of paying off my debts all at once. When he noticed that PayPal imposed 26.99% interest every month, he said that I am paying more than enough every month. So, I said that I am doing it for more than a year already and I can’t take the interest anymore this year. Actually, I didn’t know that it’s 26.99% interest not until I reached my credit with 2,900 bucks. Anyway, right now, it’s like all the thorns in my body were being pulled and I am feeling much better. Now my concern this month and in the coming month is for me to replace the amount that I borrowed from our joint account. But at least I am not pressured with the high interest because there is no need for me to be concern of that thing anymore since I am using the family’s joint account savings in paying my big credit. And I will never do it again not unless there will be some emergency or I will try to have a new CC with less monthly interest rate than the 26.99% of PayPal Smart Connect. Sigh! Now, I learn my lessons so well with building up my good credit on my own (supposedly).
