tag:blogger.com,1999:blog-2540640229572269214.post5256035413345674692..comments2024-03-07T03:16:16.072-05:00Comments on Dividend Mongrel : Review of Goals for 2014Anonymoushttp://www.blogger.com/profile/00096005621734845090noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-2540640229572269214.post-20042100706826586242014-07-22T14:03:56.043-04:002014-07-22T14:03:56.043-04:00Hey I just saw that you want to receive more in ba...Hey I just saw that you want to receive more in bank interest as a goal. A credit union near me offer 3% interest on checking accounts so that can help you achieve this goal (you would probably need to bank online if you use them).<br />It looks like you are doing great on your goals overall! Keep up the good work!Kipphttp://www.franklyfrugalfinance.comnoreply@blogger.comtag:blogger.com,1999:blog-2540640229572269214.post-63403364233263430432014-07-14T22:07:51.102-04:002014-07-14T22:07:51.102-04:00Hey HHAWG,
Thanks for the words of encouragement....Hey HHAWG, <br />Thanks for the words of encouragement. My next paycheck will be enough to pay the majority of the credit card debt, therefore I won't be able to invest much this month. Also I have decided that my Christmas list will be very thin this year. I have a big family and I was spending way too much. That is a great idea to try getting Christmas shopping done throughout the year. Thanks for the advice!Anonymoushttps://www.blogger.com/profile/00096005621734845090noreply@blogger.comtag:blogger.com,1999:blog-2540640229572269214.post-16667083301479793792014-07-14T16:26:04.874-04:002014-07-14T16:26:04.874-04:00oh I was going to comment how you need to pay off ...oh I was going to comment how you need to pay off your credit card fast but I see you are almost done! congrats! and never spend more than that you can pay. As an idea for your next year Christmas shopping. Start shopping through the year. Make a list of people and if you see a great sale or have a good coupon buy a gift. So if you keep doing it through the year, your Christmas shopping will be a breeze.Happy Healthy and Wealthy Girlhttps://www.blogger.com/profile/16124107977507902031noreply@blogger.comtag:blogger.com,1999:blog-2540640229572269214.post-79543572873170636872014-07-13T07:58:59.994-04:002014-07-13T07:58:59.994-04:00Sorry I mean to say my *other credit card has a 0%...Sorry I mean to say my *other credit card has a 0% APR at this time. Anonymoushttps://www.blogger.com/profile/00096005621734845090noreply@blogger.comtag:blogger.com,1999:blog-2540640229572269214.post-81091884917098254632014-07-13T07:52:08.547-04:002014-07-13T07:52:08.547-04:00I agree with you on paying off that credit card fi...I agree with you on paying off that credit card first. The Discover card with a 22% interest rate currently has a balance of $554 which I intend to pay off with this week's paycheck. My credit card has a 0% intro rate. It was dumb of me to hold a balance on the Discover card with a high rate, but at least I didn't bury myself in debt. I also agree when you say to pay off my student loan first because that has an interest yield of 3.4%. I am basically throwing money away each month.Luckily my debts are only -$2565. My plan is to get all of these things paid this month. God willing I will have zero debt after that! Thanks for stopping by! Anonymoushttps://www.blogger.com/profile/00096005621734845090noreply@blogger.comtag:blogger.com,1999:blog-2540640229572269214.post-25022890611729848592014-07-13T07:44:06.087-04:002014-07-13T07:44:06.087-04:00I am hoping that I will earn enough this month to ...I am hoping that I will earn enough this month to pay it all off. Then I will start plugging away at the student loan. If this means I have to work a few extra hours, then that's what I will do. After that I will have 0 debt. I can't wait!Anonymoushttps://www.blogger.com/profile/00096005621734845090noreply@blogger.comtag:blogger.com,1999:blog-2540640229572269214.post-27082955198644124852014-07-13T07:10:47.108-04:002014-07-13T07:10:47.108-04:00Now I will be tough here but you simply can not ca...Now I will be tough here but you simply can not carry a 22% interest credit card debt and at the same time keep buying dividend stocks and making extra payments on our student debt.<br /><br />The priority list must be:<br />1. Credit card debt paid off ASAP (and never build up again!)<br />2. Make extra payment to student loan IF credit card is paid off and then make a calculation... paying off student loan versus buying a dividend stock it all comes down to the interest + fees.<br />3. Start buying dividend stocks again.<br /><br />Personally I do not like to work with financial products such as credit default swaps that have been created by the finance industry so that they can make more money but what I find dangerous here is that you start working with it because you want to catch up to a milestone. Sometimes it is maybe better to fail with a goal than to try to cut corners.Fredrik von Oberhausenhttps://www.blogger.com/profile/10924238593055161520noreply@blogger.comtag:blogger.com,1999:blog-2540640229572269214.post-8741556501222056262014-07-13T06:25:43.218-04:002014-07-13T06:25:43.218-04:00Great to see you're on track to meet several o...Great to see you're on track to meet several of your goals. It will feel good to get those credit cards paid off.<br /><br />Regards,<br />Dear DividendAnonymousnoreply@blogger.com