Today I received an email from trusty Mint.com. They were informing me of my monthly intrest charge from one of my credit cards. $92.58 for one month. That is a lot of money! Do you know what I could do with $92.58? The possibilities are endless. Well, maybe not endless but you get the idea. The sickening thing is that I really didn't know it was that bad. I knew we paid interest, but I was so overwhelmed with making the minimal payment, that I couldn't think about the extra money I was paying.
Now that I am taking control of my finances, I am ready to look at these numbers. My other 2 credit cards charge me $61 and $10- so the interest I am paying per month on all 3 of my credit cards is $163. My Student Loans charge me around $50 a month in interest.
I hate that I am just throwing all that money away. And it gives me that much more energy and desire to pay off this debt as soon as possible!